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United States · Bill · HR

H.R. 7960 (116th)

Payments for the People Act

referredUnited States· United States Congress· EN

Introduced

7 August 2020

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Payments for the People Act This bill provides for additional recovery rebates to individual taxpayers and their dependents based upon the average unemployment rate over a three-month period. The rebates are between $1,000 and $2,000 each month and continue until the unemployment rate falls below 5.5%. The rebates phase out for individuals whose modified adjusted gross income exceeds $75,000 ($150,000 for married couples filing jointly).

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Documents

3 official files

Introduced in House (text)

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Sources

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