,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fbij  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #ai1 #bjbj,ms4   
,om> 7= h]self & ,ms4 ,norton7 introduc$
 ! foll[+ bill2 :i* 0 ref]r$ to !       
,committee on ,ways & ,means  ,a ,,bill 
,to provide economic /imulus ?r\gh      
advanc$ refundable tax cr$its to all    
individuals dur+ ! ,,covid-#ai crisis1 &
 = o!r purposes4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,re9ve/m5t to      
,ensure a ,livable ,income = ,e ,family 
,act ( #bjbj or ! ,,relief ,act ( #bjbj4
  #b4 ,s5se ( ,congress ,x is ! s5se (  
,congress t-- 7#a7 ,,covid-#ai has      
contribut$ to major disruptions to !    
,unit$ ,/ates society & economy1 putt+ !
 heal? & f9ancial well-be+ ( _m         
,am]icans at risk2  7#b7 direct economic
 /imulus su* z advanc$ refundable tax   
cr$its1 ref]r$ to z univ]sal em]g5cy    
rebates 9 ?is ,act1 c help br+ mu* ne$$ 
relief to p :o ne$ %ort-t]m paym5ts n[ 9
 ord] to get by dur+ ?is crisis2  7#c7  
^! direct paym5ts %\ld supplem5t !      

imm$iate1 sub/antial expansion ( exi/+  
social insurance programs includ+ b n   
limit$ to unemploym5t insurance1        
supplem5tal nutrition assi/ance program1
 ,m$icaid1 z well z relief = small      
bus9esses & o!r em]g5cy economic        
measures2  7#d7 z soon z possible & n   
lat] ?an two weeks aft] ! date ( !      
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury1 9 consultation ) !           
,commission] ( ! ,social ,security      
,adm9i/ration & ! ,commission] ( !      
,int]nal ,rev5ue ,s]vice1 mu/ e/abli% a 
program = s5d+ direct em]g5cy rebates1 9
 ! =m ( electronic & pap] paym5ts1 on a 
mon?ly basis1 = e individual resid+ 9 ! 
,unit$ ,/ates & its t]ritories2  7#e7 e 
qualify+ adult ov] ! age ( #ah w\ld     
receive #a1jjj & e qualify+ dep5d5t *ild
 "u ! age ( #ah w\ld receive #ejj2  7#f7
 only ! top #a p]c5t ( income e>n]s w\ld
 h po/ taxes on ^! b5efits 9 ! next fil+
 season & ! re/ ( ,am]icans w\ld n face 
any tax p5alties or extra co/s1 & s w\ld
 be held h>mless = any ov]paym5ts or o!r

 deliv]y errors2 &  7#g7 ^! advanc$     
refundable tax cr$its w\ld be transf]r$ 
e mon? until ! ,,covid-#ai p&emic is    
=mally decl>$ & c]tifi$ z end$ f !      
,secret>y ( ! ,treasury & ! ,secret>y ( 
,heal? & ,human ,s]vices4  #c4          
,e/abli%m5t ( #bjbj univ]sal em]g5cy    
rebates = individuals  7a7 ,9 g5]al     
,section #fdbi ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ to read z foll[s3
  #fdbi4 #bjbj ,univ]sal ,rebates =     
,individuals  7a7 ,9 g5]al ,9 ! case (  
an eligible taxpay]1 !re %all be all[$ z
 a cr$it aga9/ tax impos$ by subtitle ,a
 = ! fir/ taxable ye> beg9n+ 9 #bjbj an 
am\nt equal to ! less] (-- 7#a7 net     
income tax liability1 or  7#b7 #a1jjj   
7#b1jjj 9 ! case ( a jo9t return74  7b7 
,special rules  7#a7 ,9 g5]al ,9 ! case 
( an eligible taxpay] describ$ 9        
p>agraph 7#b7-- 7,a7 ! am\nt det]m9$ "u 
subsection 7a7 %all n be less ?an #a1jjj
 7#b1jjj 9 ! case ( a jo9t return71 &   
7,b7 ! am\nt det]m9$ "u subsection 7a7  
7aft] application ( subp>agraph 7,a77   

%all be increas$ by ! product ( #ejj    
multipli$ by ! numb] ( qualify+ *ildr5  
7)9 ! mean+ ( section #bd7;c77 ( !      
taxpay]4  7#b7 ,eligible taxpay]        
describ$ ,a taxpay] is describ$ 9 ?is   
p>agraph if ! taxpay]-- 7,a7 is at lea/ 
#ah ye>s ( age z ( ,decemb] #ca1 #bjbj1 
7,b7 is a resid5t ( ! ,unit$ ,/ates1 or 
7,c7 is n a dep5d5t ( ano!r taxpay]4    
7c7 ,treatm5t ( cr$it ,! cr$it all[$ by 
subsection 7a7 %all be treat$ z all[$ by
 subp>t ,c ( "p ,,iv ( sub*apt] ,a (    
*apt] #a4  7d7 ,coord9ation ) advance   
refunds ( cr$it  7#a7 ,9 g5]al ,! am\nt 
( cr$it :i* w\ld 7b = ?is p>agraph7 be  
all[able "u ?is section %all be r$uc$ 7b
 n bel[ z]o7 by ! aggregate refunds &   
cr$its made or all[$ to ! taxpay] "u    
subsection 7g74 ,any failure to s r$uce 
! cr$it %all be treat$ z aris+ out ( a  
ma!matical or cl]ical error & assess$   
accord+ to section #fbac7;b77#a74       
,taxpay]s w\ld be held h>mless4  7#b7   
,jo9t returns ,9 ! case ( a refund or   
cr$it made or all[$ "u subsection 7g7 ) 

respect to a jo9t return1 half ( su*    
refund or cr$it %all be treat$ z hav+   
be5 made or all[$ to ea* individual fil+
 su* return4  7e7 ,advance refunds &    
cr$its  7#a7 ,9 g5]al ,ea* individual :o
 0 an eligible individual = su*         
individual's fir/ taxable ye> beg9n+ 9  
#bjai %all be treat$ z hav+ made a      
paym5t aga9/ ! tax impos$ by *apt] #a = 
su* fir/ taxable ye> 9 an am\nt equal to
 ! advance refund am\nt = su* taxable   
ye>4  7#b7 ,advance refund am\nt ,=     
purposes ( p>agraph 7#a71 ! advance     
refund am\nt is ! am\nt t w\ld h be5    
all[$ z a cr$it "u ?is section = su*    
fir/ taxable ye> if ?is section 7o!r ?an
 subsection 7f7 & ?is subsection7 _h    
appli$ to su* taxable ye>4  7#c7 ,tim+ (
 paym5ts ,! ,secret>y %all1 subject to !
 provisions ( ?is title1 refund or cr$it
 any ov]paym5t attributable to ?is      
section z rapidly z possible on a mon?ly
 basis & a pro rata am\nt = p>tial      
univ]sal em]g5cy rebate p]iod 9 ! fir/  
mon? ( ! implem5tation ( ?is ,act4 ,no  

refund or cr$it %all be made or all[$ "u
 ?is subsection aft] ! ,,covid-#ai      
outbreak is ov]1 z decl>$ by ! ,secret>y
 ( ! ,treasury & ! ,secret>y ( ,heal? & 
,human ,s]vices lift+ designations (    
national economic turmoil & public heal?
 em]g5cy1 respectively4  7#d7 ,pro rata 
am\nts ,! pro rata am\nt = ea* p>tial   
univ]sal em]g5cy rebate p]iod %all be   
calculat$ by multiply+ ! mon?ly am\nt = 
a full univ]sal em]g5cy rebate t w\ld be
 paid to ! b5efici>y bas$ on h\sehold   
size = su* a p]iod by ! p]c5tage        
calculat$ by divid+ ! numb] ( days ( !  
p>tial univ]sal em]g5cy rebate p]iod by 
! numb] ( days ( ! mon?4  7#e7          
,congressional ext5sion ( paym5ts ,! la/
 cycle ( paym5ts w come up 9 ! foll[+   
qu>t] aft] ! ,,covid-#ai p&emic is      
c]tifi$ to be ov] by ! ,secret>y ( !    
,treasury & ! ,secret>y ( ,heal? &      
,human ,s]vices4 ,congress w h until su*
 qu>t] is done to reexam9e & decide if  
!re is /ill fur!r economic ne$ to ext5d 
^! paym5ts4  7#f7 ,no int]e/ ,no int]e/ 

%all be all[$ on any ov]paym5t          
attributable to ?is section4  4  7b7    
,treatm5t ( possessions  7#a7 ,paym5t to
 possessions  7,a7 ,mirror code         
possession ,! ,secret>y ( ,treasury %all
 make a paym5t to ea* possession ( !    
,unit$ ,/ates ) a mirror code tax sy/em 
9 an am\nt equal to ! loss to t         
possession4 ,su* am\nt %all be det]m9$  
by ! in=mation provid$ by ! ,gov]nm5t ( 
! respective possession4  7,b7 ,o!r     
possessions ,! ,secret>y ( ,treasury    
%all make a paym5t to ea* possession ( !
 ,unit$ ,/ates :i* does n h a mirror    
code tax sy/em 9 an am\nt e/imat$ by !  
,secret>y ( ! ,treasury z be+ equal to !
 aggregate b5efits t w\ld h be5 provid$ 
to resid5ts ( su* possession if a mirror
 code tax sy/em _h be5 9 effect 9 su*   
possession4 ,! prec$+ s5t5ce %all n     
apply ) respect to any possession ( !   
,unit$ ,/ates unless su* possession has 
a plan1 :i* has be5 approv$ by !        
,secret>y ( ! ,treasury1 "u :i* su*     
possession w promptly di/ribute su*     

paym5t to ! resid5ts ( su* possession4  
7#b7 ,coord9ation ) cr$it all[$ aga9/   
,unit$ ,/ates income taxes ,no cr$it    
%all be all[$ aga9/ ,unit$ ,/ates income
 taxes "u section #fdbh ( ! ,int]nal    
,rev5ue ,code ( #aihf 7z am5d$ by ?is   
section7 to any p]son-- 7,a7 to :om a   
cr$it is all[$ aga9/ taxes impos$ by !  
possession by reason ( ! am5dm5ts made  
by ?is section2 or  7,b7 :o is eligible 
= paym5t "u a plan describ$ 9 p>agraph  
7#a77;,b74  7#c7 ,def9itions & special  
rules  7,a7 ,possession ( ! ,unit$      
,/ates ,= purposes ( ?is subsection1 !  
t]m possession ( ! ,unit$ ,/ates        
includes ! ,commonweal? ( ,pu]to ,rico &
 ! ,commonweal? ( ! ,nor? ,m>iana       
,isl&s4  7,b7 ,mirror code tax sy/em ,= 
purposes ( ?is subsection1 ! t]m mirror 
code sy/em means1 ) respect to any      
possession 9 ! ,unit$ ,/ates1 ! income  
tax sy/em ( su* possession if ! income  
tax lability ( ! resid5ts ( su*         
possession "u su* sy/em is det]m9$ by   
ref]5ce to ! income tax laws ( ! ,unit$ 

,/ates z if su* possession 7 ! ,unit$   
,/ates4  7,c7 ,treatm5t ( paym5ts ,=    
purposes ( section #acbd7;b77#b7 ( title
 #ca1 ,unit$ ,/ates ,code1 ! paym5ts "u 
?is subsection %all be treat$ 9 ! same  
mann] z a refund due f ! cr$it all[$ "u 
section #fdbh ( ! ,int]nal ,rev5ue ,code
 ( #aihf 7z am5d$ by ?is section74  7c7 
,refunds disreg>d$ 9 ! adm9i/ration (   
,f$]al programs & f$]ally assi/$        
programs ,any cr$it or refund all[$ or  
made to any individual by reason (      
section #fbdh ( ! ,int]nal ,rev5ue ,code
 ( #aihf 7z am5d$ by ?is section7 or by 
reason ( subsection 7c7 ( ?is section   
%all n be tak5 into acc\nt z res\rces = 
! enact$ mon? & ! foll[+ mon?s until    
funds are =mally halt$ by decree f !    
,dep>tm5ts ( ! ,treasury & ! ,heal? &   
,human ,s]vices1 = purposes ( det]m9+   
eligibility ( su* individual or any o!r 
individual = b5efits or assi/ance1 "u   
any ,f$]al program or "u any ,/ate or   
local program f9anc$ 9 :ole or 9 "p )   
,f$]al funds4  7d7 ,appropriations ,to  

c>ry out rebates  7#a7 ,9 g5]al         
,imm$iately ^u ! enactm5t ( ?is ,act1 ! 
foll[+ sums are appropriat$1 out ( any  
money 9 ! ,treasury n o!rwise           
appropriat$1 = ! fiscal ye> end+        
,septemb] #cj1 #bjbj4 7,a7 ,dep>tm5t ( !
 ,treasury  7i7 ,= an additional am\nt =
 ,dep>tm5t ( ! ,treasury--,f9ancial     
,managem5t ,s]vice--,sal>ies & ,exp5ses1
 #gf1cgj1jjj1 to rema9 available until  
,septemb] #cj1 #bjba4  7ii7 ,= an       
additional am\nt = ,dep>tm5t ( !        
,treasury--,int]nal ,rev5ue             
,s]vice--,op]ations ,support1           
#ahj1ahe1jjj1 to rema9 available until  
,septemb] #cj1 #bjba4  7iii7 ,= an      
additional am\nt = ,dep>tm5t ( !        
,treasury--,int]nal ,rev5ue             
,s]vice--,taxpay] ,s]vices1 #fe1cjj1jjj1
 to rema9 available until ,septemb] #cj1
 #bjba4  7,b7 ,social ,security         
,adm9i/ration ,= an additional am\nt =  
,social ,security                       
,adm9i/ration--,limitation on           
,adm9i/rative ,exp5ses1 #ci1jjj1jjj1 to 

rema9 available until ,septemb] #cj1    
#bjba4  7#b7 ,reports ,no lat] ?an #ae  
days aft] enactm5t ( ?is ,act1 !        
,secret>y ( ! ,treasury %all submit a   
plan to ! ,committees on ,appropriations
 ( ! ,h\se ( ,repres5tatives & ! ,s5ate 
detail+ ! expect$ use ( ! funds provid$ 
by p>agraph 7#a77;,a74 ,beg9n+ #ij days 
aft] enactm5t ( ?is ,act1 ! ,secret>y ( 
! ,treasury %all submit a qu>t]ly report
 to ! ,committees on ,appropriations ( !
 ,h\se ( ,repres5tatives & ! ,s5ate     
detail+ ! actual exp5diture ( funds     
provid$ 9 p>agraph 7#a77;,a7 & ! expect$
 exp5diture ( su* funds 9 ! subsequ5t   
qu>t]4  #d4 ,additional application     
processes ,! ,secret>y ( ! ,treasury    
%all e/abli% an exp$it$ process by :i*  
individuals may provide necess>y        
in=mation to apply = & /reaml9e access  
to tempor>y paym5ts = univ]sal em]g5cy  
rebates outside ! annual tax return     
process utiliz+-- 7#a7 in=mation f !    
b5efici>y's mo/ rec5t tax return if !   
b5efici>y has fil$ previ\sly & su*      

return is = #bjah or #bjai2 &  7#b7 any 
additional or alt]native in=mation      
submission deem$ necess>y by ! ,secret>y
 ( ! ,treasury to facilitate application
 & prompt deliv]y ( ! univ]sal em]g5cy  
rebates4  #e4 ,treatm5t ( univ]sal      
em]g5cy rebates = income tax purposes   
,not)/&+ any o!r provision ( law1 no    
am\nt receiv$ z a univ]sal em]g5cy      
rebate %all be treat$ z income = !      
purpose ( calculat+ ,f$]al1 ,/ate1 or   
local tax liability4  #f4 ,po/-taxes on 
high-income e>n]s  7a7 ,9 g5]al ,!re is 
h]eby impos$ a tax on #bjbj ,univ]sal   
,em]g5cy ,rebates = top income e>n]s =  
tax ye> #bjbj equal to #ajj p]c5t ( !   
applicable am\nt4 7#a7 ,applicable am\nt
 ,! t]m applicable am\nt %all be less]  
(-- 7,a7 ! am\nt paid to a taxpay] "u   
section #c2 or  7,b7 #e p]c5t ( ! am\nt 
by :i* ! taxpay]'s adju/$ gross income  
exce$s ! ?re%old am\nt4  7#b7 ,?re%old  
am\nt ,! t]m ?re%old am\nt %all be--    
7,a7 #ejj1jjj 9 ! case ( a taxpay] mak+ 
a jo9t return "u section #fajc or a     

surviv+ sp\se 7z def9$ 9 section        
#b7;a772 or  7,b7 #bej1jjj 9 ! case ( a 
m>ri$ taxpay] 7z def9$ 9 section #ggjc7 
fil+ a sep>ate return  ! doll> am\nt "u 
7a74  7b7 ,tax me*anism ,! ,secret>y ( !
 ,treasury1 9 consultation ) !          
,commission] ( ! ,int]nal ,rev5ue       
,s]vice1 %all e/abli% a sy/em to record1
 collect1 & notify top #a-p]c5t income  
e>n]s ( taxes ne$+ to be paid on _!     
em]g5cy rebates4  #g4 ,reports reg>d+   
long-t]m economic resili5cy tools ,n    
lat] ?an #cfe days aft] ! date (        
enactm5t ( ?is ,act1 & annually !reaft]1
 ! ,director ( ! ,congressional ,budget 
,(fice1 9 consultation ) ! ,secret>y (  
,treasury & ,*air ( ! ,f$]al ,res]ve1   
%all submit to ,congress a report on h[ 
! ,unit$ ,/ates ,gov]nm5t c\ld e/abli% &
 implem5t alt]native fiscal /imulus &   
economic /abilization policies1 su* z   
gu>ante$ income1 to improve read9ess =  
future extreme d[nturn caus$ by         
depressions1 p&emics1 & climate *ange   
cata/rophes4