S 3784
116th Congress
Senate
Taxation
Appropriations
Bank accounts, deposits, capital
Banking and financial institutions regulation
Cardiovascular and respiratory health
Debt collection
Department of the Treasury
Emergency medical services and trauma care
Executive agency funding and structure
Government information and archives
Income tax credits
Infectious and parasitic diseases
Tax administration and collection, taxpayers
U.S. territories and protectorates
Monthly Economic Crisis Support Act
Introduced: May 20, 2020
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 20, 2020
Read twice and referred to the Committee on Finance.
May 20, 2020
Introduced in Senate
Plain-English summary
Monthly Economic Crisis Support Act
This bill provides for a monthly rebate to individuals and their dependents for the period beginning March 2020, and ending on the third month after the date on which the Department of Health and Human Services determines that the COVID-19 (i.e., coronavirus disease 2019) public health emergency has ended. The rebate is $2,000 per individual ($4,000 for individuals filing a joint tax return) plus $2,000 for each dependent of such individual, not exceeding three dependents. The rebate is reduced for individuals whose adjusted gross income exceeds specified levels. Rebates are not subject to garnishment or set offs by financial institutions.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1