A bill to amend the Internal Revenue Code of 1986 to provide for automatic advance refunds of additional stimulus tax credits for specified individuals, and for other purposes.
Automatic Cash Assistance Act
This bill allows recipients of Social Security, railroad retirement, and veterans disability benefits to automatically receive stimulus payments under the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act regardless of whether they filed income tax returns in 2018 or 2019. Recipients will also receive the $500 stimulus payment for each dependent child.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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