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Emergency Direct Payments for Families and Workers Act of 2020

USA116th CongressS-4999| Senate 
| Updated: 12/10/2020
Josh Hawley

Josh Hawley

Republican Senator

Missouri

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Emergency Direct Payments for Families and Workers Act of 2020 This bill allows individual taxpayers an additional 2020 recovery rebate in the form of a refundable income tax credit in the amount of $1,200 ($2,400 for joint returns). An additional $500 rebate is provided to each qualifying child of the taxpayer. A recovery rebate is a one-time stimulus payment made to eligible taxpayers in response to the COVID-19 (i.e., coronavirus disease 2019) public health emergency. The amount of the recovery rebate is reduced by a specified percentage of the amount an individual's adjusted gross income exceeds $75,000 ($150,000 for joint returns). Individual taxpayers and their children must have a valid identification number (i.e., Social Security account number) to claim a rebate. The Department of the Treasury must conduct a public awareness campaign to inform taxpayers of the availability of the rebate.
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Timeline
Dec 10, 2020
Introduced in Senate
Dec 10, 2020
Read twice and referred to the Committee on Finance.
  • December 10, 2020
    Introduced in Senate


  • December 10, 2020
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 116-748: CARES Act
  • S 116-5063: Emergency Direct Payments Act
  • S 116-4318: American Workers, Families, and Employers Assistance Act
Cardiovascular and respiratory healthEmergency medical services and trauma careGovernment information and archivesIncome tax creditsInfectious and parasitic diseasesTax administration and collection, taxpayers

Emergency Direct Payments for Families and Workers Act of 2020

USA116th CongressS-4999| Senate 
| Updated: 12/10/2020
Emergency Direct Payments for Families and Workers Act of 2020 This bill allows individual taxpayers an additional 2020 recovery rebate in the form of a refundable income tax credit in the amount of $1,200 ($2,400 for joint returns). An additional $500 rebate is provided to each qualifying child of the taxpayer. A recovery rebate is a one-time stimulus payment made to eligible taxpayers in response to the COVID-19 (i.e., coronavirus disease 2019) public health emergency. The amount of the recovery rebate is reduced by a specified percentage of the amount an individual's adjusted gross income exceeds $75,000 ($150,000 for joint returns). Individual taxpayers and their children must have a valid identification number (i.e., Social Security account number) to claim a rebate. The Department of the Treasury must conduct a public awareness campaign to inform taxpayers of the availability of the rebate.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 10, 2020
Introduced in Senate
Dec 10, 2020
Read twice and referred to the Committee on Finance.
  • December 10, 2020
    Introduced in Senate


  • December 10, 2020
    Read twice and referred to the Committee on Finance.
Josh Hawley

Josh Hawley

Republican Senator

Missouri

Finance Committee

Taxation

Related Bills

  • HR 116-748: CARES Act
  • S 116-5063: Emergency Direct Payments Act
  • S 116-4318: American Workers, Families, and Employers Assistance Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Cardiovascular and respiratory healthEmergency medical services and trauma careGovernment information and archivesIncome tax creditsInfectious and parasitic diseasesTax administration and collection, taxpayers