Emergency Family Relief Act of 2020

Summary

Emergency Family Relief Act of 2020 This bill allows a new refundable tax credit for emergency family relief payments in response to COVID-19 (i.e., the coronavirus disease 2019). Specifically, the Department of the Treasury must establish a program for making emergency family relief credit payments on a monthly basis for the period prior to January 1, 2021, without respect to tax liability, for taxpayers with dependent children equal to $1,288 for a two-person household, $1,446 for a three-person household, and $1,786 for a four-person household. For households larger that four persons, the credit amount is $1,786, plus $420 for each additional household member. These credits amounts are phased out for a taxpayer with a modified adjusted gross income exceeding $50,000 ($100,000 for a joint return).

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Timeline

1. 18 March 2020

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 18 March 2020

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 18 March 2020 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 18 March 2020

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 18 March 2020

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 18 March 2020

  Open at official source

Sponsors

• Josh Hawley · R · Sponsor
• · ssfi00 · Standing

Related records

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