,,ii  #aafth ,,congress  #b;d ,session  
,s4 #ceba  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,march #ah1    
#bjbj,mr4 ,cotton introduced the        
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to provide assistance       
through tax rebates1 certain ,federal   
assistance programs1 and business loans1
 and for other purposes4  #a4 ,short    
title ,this ,act may be cited as the    
,coronavirus ,economic ,stimulus ,act4  
#b4 ,refund of #bjah income taxes  7a7  
,in general ,subchapter ,b of chapter   
#fe of the ,internal ,revenue ,code of  
#aihf is amended by inserting after     
section #fdbg the following new section3
  #fdbh4 ,refund of #bjah income taxes  
7a7 ,in general ,each eligible          
individual shall be treated as having   
made a payment against the tax imposed  
by chapter #a for the first taxable year
 beginning in #bjah in an amount equal  
to the applicable amount4  7b7 ,eligible
 individual ,for purposes of this       

section-- 7#a7 ,in general ,the term    
eligible individual means any individual
 other than an individual described in  
subparagraph 7,b7 whose adjusted gross  
income for the taxable year exceeds     
#ajj1jjj 7#bjj1jjj in the case of a     
joint return74  7#b7 ,individual        
described ,individuals described in this
 subparagraph is-- 7,a7 any nonresident 
alien individual1  7,b7 any individual  
with respect to whom a deduction under  
section #aea is allowable to another    
taxpayer for a taxable year beginning in
 the calendar year in which the         
individual's taxable year begins1 and   
7,c7 an estate or trust4  7#c7 ,joint   
returns ,in the case of a joint return  
under section #fjac1 both spouses shall 
be treated as one individual4  7c7      
,applicable amount ,for purposes of this
 section-- 7#a7 ,in general ,the        
applicable amount is an amount equal to 
the sum of-- 7,a7 #a1jjj 7#b1jjj in the 
case of a joint return71 plus  7,b7 #ejj
 for each dependent of the individual   

for the taxable year4  7#b7             
,identification ,number ,requirement    
7,a7 ,in general ,in any case in which  
an individual does not provide a valid  
identification number for such          
individual 7and in the case of a joint  
return1 for the spouse of such          
individual71 the applicable amount shall
 be zero4  7,b7 ,dependents ,in any case
 in which the individual does not       
provide a valid identification number   
for a dependent of such individual1 such
 dependent shall not be taken into      
account in determining the applicable   
amount under paragraph 7#a74  7,c7      
,valid identification number ,for       
purposes of this paragraph1 the term    
valid identification number means a     
social security number issued to an     
individual by the ,social ,security     
,administration4 ,such term shall not   
include a ,,tin issued by the ,internal 
,revenue ,service4  7,d7 ,special rule  
for members of the armed forces         
,paragraph 7#a7 shall not apply to a    

joint return where at least #a spouse   
was a member of the ,armed ,forces of   
the ,united ,states at any time during  
the taxable year4  7d7 ,other rules     
7#a7 ,timing of payments ,the ,secretary
 shall refund any overpayment           
attributable to this section as rapidly 
as possible4  7#b7 ,no interest ,no     
interest shall be allowed on any        
overpayment attributable to a payment   
deemed made under this section4  4  7b7 
,clerical amendment ,the table of       
sections for subchapter ,b of chapter   
#fe of the ,internal ,revenue ,code of  
#aihf is amended by inserting after the 
item relating to section #fdbg the      
following new item3  ,sec4 #fdbh4       
,refund of #bjah income taxes4  4