,,ii #aai? ,,congress #a/ ,session ,s4 #bdge ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #bh1 #bjbe ,mr4 ,hawley introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to provide rebates to individuals us+ t>iff proce$s4 #a4 ,%ort title2 ,/atem5t ( ,policy 7a7 ,%ort title ,?is ,act may be cit$ z ! ,am]ican ,work] ,rebate ,act ( #bjbe4 7b7 ,/atem5t ( ,policy ,x is ! policy ( ! ,unit$ ,/ates to use rev5ue rais$ f t>iffs appli$ on =eign imports to provide relief = work+ p ?r\gh imm$iate tax rebates4 #b4 ,t>iff rebates = individuals 7a7 ,9 g5]al ,sub*apt] ,b ( *apt] #fe ( subtitle ,f ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ aft] section #fdbh;,b ! foll[+ new section3 #fdbh;,c4 ,t>iff rebates = individuals 7a7 ,9 g5]al 7#a7 ,am\nt ( rebate ,9 ! case ( an eligible individual1 !re %all be all[$ z a cr$it aga9/ ! tax impos$ by subtitle ,a = ! fir/ taxable ye> beg9n+ 9 #bjbe an am\nt equal to ! sum (-- 7,a7 ! applicable am\nt 7or1 9 ! case ( eligible individuals fil+ a jo9t return1 #bjj p]c5t ( ! applicable am\nt71 plus 7,b7 an am\nt equal to ! product ( ! applicable am\nt multipli$ by ! numb] ( qualify+ *ildr5 7)9 ! mean+ ( section #bd7;c77 ( ! taxpay]4 7#b7 ,applicable am\nt 7,a7 ,9 g5]al ,= purposes ( p>agraph 7#a71 ! applicable am\nt %all be equal to ! great] (-- 7i7 #fjj1 or 7ii7 an am\nt 7r\nd$ to ! ne>e/ doll>7 equal to ! quoti5t (-- 7,i7 ! am\nt ( qualify+ t>iff proce$s receiv$ dur+ su* taxable ye>1 divid$ by 7,,ii7 ! total numb] ( eligible individuals & qualify+ *ildr5 7z s def9$7 ( su* individuals = su* taxable ye>4 7,b7 ,qualify+ t>iff proce$s 7i7 ,9 g5]al ,= purposes ( ?is subsection1 ! t]m qualify+ t>iff proce$s means ! rev5ues receiv$ 9 ! g5]al fund ( ! ,treasury :i* are attributable to duties1 includ+ any supplem5tal duties1 impos$ aft] ,janu>y #bj1 #bjbe4 7ii7 ,projection ( proce$s ,= purposes ( ! application ( subsection 7f71 9 det]m9+ ! am\nt describ$ 9 p>agraph 7#b77;,a77ii77,i71 ! ,secret>y may use projections & =eca/s = annual t>iff rev5ue bas$ on a receipt to date 9 ea* taxable ye>4 7b7 ,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 7c7 ,limitation bas$ on adju/$ gross income ,! am\nt ( ! cr$it all[$ by subsection 7a7 7det]m9$ )\t reg>d to ?is subsection & subsection 7e77 %all be r$uc$ 7b n bel[ z]o7 by #e p]c5t ( s mu* ( ! taxpay]'s adju/$ gross income z exce$s-- 7#a7 #aej1jjj 9 ! case ( a jo9t return1 7#b7 #aab1ejj 9 ! case ( a head ( h\sehold1 & 7#c7 #ge1jjj 9 ! case ( a taxpay] n describ$ 9 p>agraph 7#a7 or 7#b74 7d7 ,eligible individual ,= purposes ( ?is section1 ! t]m eligible individual means any individual o!r ?an-- 7#a7 any nonresid5t ali5 individual1 7#b7 any individual ) respect to :om a d$uction "u section #aea is all[able to ano!r taxpay] = a taxable ye> beg9n+ 9 ! cal5d> ye> 9 :i* ! individual's taxable ye> beg9s1 & 7#c7 an e/ate or tru/4 7e7 ,coord9ation ) advance refunds ( cr$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 7f74 ,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 7#b7 ,jo9t returns ,9 ! case ( a refund or cr$it made or all[$ "u subsection 7f7 ) 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 7f7 ,advance refunds & cr$its 7#a7 ,9 g5]al ,subject to p>agraph 7#e71 ea* individual :o 0 an eligible individual = su* individual's fir/ taxable ye> beg9n+ 9 #bjbd %all be treat$ z hav+ made a paym5t aga9/ ! tax impos$ by *apt] #a = su* 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$it "u ?is section = su* taxable ye> if ?is section 7o!r ?an subsection 7e7 & ?is subsection7 _h appli$ to su* taxable ye>4 7#c7 ,tim+ & mann] ( paym5ts 7,a7 ,tim+ ,! ,secret>y %all1 subject to ! provisions ( ?is title1 refund or cr$it any ov]paym5t attributable to ?is section z rapidly z possible4 ,no refund or cr$it %all be made or all[$ "u ?is subsection aft] ,decemb] #ca1 #bjbf4 7,b7 ,deliv]y ( paym5ts ,not)/&+ any o!r provision ( law1 ! ,secret>y may c]tify & disburse refunds payable "u ?is subsection electronically to any acc\nt to :i* ! payee au?oriz$1 on or aft] ,janu>y #a1 #bjbc1 ! deliv]y ( a refund ( taxes "u ?is title or ( a ,f$]al paym5t 7z def9$ 9 section #cccb ( title #ca1 ,unit$ ,/ates ,code74 7,c7 ,waiv] ( c]ta9 rules ,not)/&+ section #ccbe ( title #ca1 ,unit$ ,/ates ,code1 or any o!r provision ( law1 ) respect to any paym5t ( a refund "u ?is subsection1 a disburs+ (ficial 9 ! executive bran* ( ! ,unit$ ,/ates ,gov]nm5t may modify paym5t in=mation receiv$ f an (fic] or employee describ$ 9 section #ccbe7;a77#a77;,b7 ( su* title = ! purpose ( facilitat+ ! accurate & effici5t deliv]y ( su* paym5t4 ,except 9 cases ( fraud or reckless neglect1 no liability "u sections #ccbe1 #cebg1 #cebh1 or #cebi ( title #ca1 ,unit$ ,/ates ,code1 %all be impos$ ) respect to paym5ts made "u ?is subp>agraph4 7#d7 ,no int]e/ ,no int]e/ %all be all[$ on any ov]paym5t attributable to ?is section4 7#e7 ,alt]nate taxable ye> ,9 ! case ( an individual :o1 at ! "t ( any det]m9ation made pursuant to p>agraph 7#c71 has n fil$ a tax return = ! ye> describ$ 9 p>agraph 7#a71 ! ,secret>y may-- 7,a7 apply su* p>agraph by sub/itut+ #bjbc = #bjbd1 & 7,b7 if ! individual has n fil$ a tax return = su* individual's fir/ taxable ye> beg9n+ 9 #bjbc1 use in=mation ) respect to su* individual = cal5d> ye> #bjbd provid$ 9-- 7i7 ,=m ,,ssa-#ajii1 ,social ,security ,b5efit ,/atem5t1 or 7ii7 ,=m ,,rrb-#ajii1 ,social ,security ,equival5t ,b5efit ,/atem5t4 7#f7 ,notice to taxpay] ,n lat] ?an #ae days aft] ! date on :i* ! ,secret>y di/ribut$ any paym5t to an eligible taxpay] pursuant to ?is subsection1 notice %all be s5t by mail to su* taxpay]'s la/ kn[n address4 ,su* notice %all indicate ! me?od by :i* su* paym5t 0 made1 ! am\nt ( su* paym5t1 & a phone numb] = ! appropriate po9t ( contact at ! ,int]nal ,rev5ue ,s]vice to report any failure to receive su* paym5t4 7g7 ,id5tification numb] requirem5t 7#a7 ,9 g5]al ,no cr$it %all be all[$ "u subsection 7a7 to an eligible individual :o does n include on ! return ( tax = ! taxable ye>-- 7,a7 su* individual's valid id5tification numb]1 7,b7 9 ! case ( a jo9t return1 ! valid id5tification numb] ( su* individual's sp\se1 & 7,c7 9 ! case ( any qualify+ *ild tak5 into acc\nt "u subsection 7a77#b71 ! valid id5tification numb] ( su* qualify+ *ild4 7#b7 ,valid id5tification numb] 7,a7 ,9 g5]al ,= purposes ( p>agraph 7#a71 ! t]m valid id5tification numb] means a social security numb] 7z su* t]m is def9$ 9 section #bd7;h77#g774 7,b7 ,adoption taxpay] id5tification numb] ,= purposes ( p>agraph 7#a77;,c71 9 ! case ( a qualify+ *ild :o is adopt$ or plac$ = adoption1 ! t]m valid id5tification numb] %all include ! adoption taxpay] id5tification numb] ( su* *ild4 7#c7 ,special rule = memb]s ( ! ,arm$ ,=ces ,p>agraph 7#a77;,b7 %all n apply 9 ! case :]e at lea/ #a sp\se 0 a memb] ( ! ,arm$ ,=ces ( ! ,unit$ ,/ates at any "t dur+ ! taxable ye> & at lea/ #a sp\se satisfies p>agraph 7#a77;,a74 7#d7 ,ma!matical or cl]ical error au?ority ,any omission ( a correct valid id5tification numb] requir$ "u ?is subsection %all be treat$ z a ma!matical or cl]ical error = purposes ( apply+ section #fbac7;g77#b7 to su* omission4 7h7 ,regulations ,! ,secret>y %all prescribe su* regulations or o!r guidance z may be necess>y to c>ry out ! purposes ( ?is section1 includ+ any su* measures z are deem$ appropriate to avoid all[+ multiple cr$its or rebates to a taxpay]4 4 7b7 ,adm9i/rative am5dm5ts 7#a7 ,def9ition ( defici5cy ,section #fbaa7;b77#d77;,a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ #fdbh;,c1 aft] #fdbh;,b14 7#b7 ,ma!matical or cl]ical error au?ority ,section #fbac7;g77#b77,l7 ( su* ,code is am5d$ by /rik+ or #fdbh;,a & ins]t+ #fdbh;,a1 or #fdbh;,c4 7c7 ,treatm5t ( possessions 7#a7 ,paym5ts to possessions 7,a7 ,mirror code possession ,! ,secret>y ( ! ,treasury %all pay to ea* possession ( ! ,unit$ ,/ates :i* has a mirror code tax sy/em am\nts equal to ! loss 7if any7 to t possession by reason ( ! am5dm5ts made by ?is section4 ,su* am\nts %all be det]m9$ by ! ,secret>y ( ! ,treasury bas$ on in=mation provid$ by ! gov]nm5t ( ! respective possession4 7,b7 ,o!r possessions ,! ,secret>y ( ! ,treasury %all pay to ea* possession ( ! ,unit$ ,/ates :i* does n h a mirror code tax sy/em am\nts e/imat$ by ! ,secret>y ( ! ,treasury z be+ equal to ! aggregate b5efits 7if any7 t w\ld h be5 provid$ to resid5ts ( su* possession by reason ( ! am5dm5ts made by ?is section if a mirror code tax sy/em _h be5 9 effect 9 su* possession4 ,! prec$+ s5t5ce %all n apply unless ! respective possession has a plan1 :i* has be5 approv$ by ! ,secret>y ( ! ,treasury1 "u :i* su* possession w promptly di/ribute su* paym5ts to its resid5ts4 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;,c ( ! ,int]nal ,rev5ue ,code ( #aihf 7z add$ 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 section1 or 7,b7 :o is eligible = a 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!rn ,m>iana ,isl&s4 7,b7 ,mirror code tax sy/em ,= purposes ( ?is subsection1 ! t]m mirror code tax sy/em means1 ) respect to any possession ( ! ,unit$ ,/ates1 ! income tax sy/em ( su* possession if ! income tax liability ( ! 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 #acbd ( title #ca1 ,unit$ ,/ates ,code1 ! paym5ts "u ?is subsection %all be treat$ 9 ! same mann] z a refund due f a cr$it provision ref]r$ to 9 subsection 7b77#b7 ( su* section4 7d7 ,exception f r$uction or (fset ,any cr$it or refund all[$ or made to any individual by reason ( section #fdbh;,c ( ! ,int]nal ,rev5ue ,code ( #aihf 7z add$ by ?is section7 or by reason ( subsection 7c7 ( ?is section %all n be-- 7#a7 subject to r$uction or (fset pursuant to section #cgaf or #cgbj;,a ( title #ca1 ,unit$ ,/ates ,code1 7#b7 subject to r$uction or (fset pursuant to subsection 7d71 7e71 or 7f7 ( section #fdjb ( ! ,int]nal ,rev5ue ,code ( #aihf1 or 7#c7 r$uc$ or (fset by o!r assess$ ,f$]al taxes t w\ld o!rwise be subject to levy or collection4 7e7 ,public aw>5ess campaign ,! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all conduct a public aw>5ess campaign1 9 coord9ation ) ! ,commission] ( ,social ,security & ! heads ( o!r relevant ,f$]al ag5cies1 to provide in=mation reg>d+ ! availability ( ! cr$it & rebate all[$ "u section #fdbh;,c ( ! ,int]nal ,rev5ue ,code ( #aihf 7z add$ by ?is section71 includ+ in=mation ) respect to individuals :o may n h fil$ a tax return = taxable ye> #bjbc or #bjbd4 7f7 ,con=m+ am5dm5ts 7#a7 ,p>agraph 7#b7 ( section #acbd7;b7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ #fdbh;,c1 aft] #fdbh;,b14 7#b7 ,! table ( sections = sub*apt] ,b ( *apt] #fe ( subtitle ,f ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ aft] ! item relat+ to section #fdbh;,b ! foll[+3 ,sec4 #fdbh;,c4 ,t>iff rebates = individuals4 4