To amend the Internal Revenue Code of 1986 to provide for additional recovery rebates to taxpayers.
People's Prosperity Act
This bill allows individual taxpayers a 2022 refundable rebate amount equal to $1,000 ($2,000 for joint returns). The rebate amount is reduced if taxpayer modified adjusted gross income exceeds a certain threshold.
To be eligible for the rebate, taxpayers must provide a Social Security account number on their tax returns. Rebate amounts are exempt from certain reductions or offsets, including garnishments.
Referred to the House Committee on Ways and Means.
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2096)
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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