Coronavirus Assistance for American Families Act
This bill allows individual taxpayers an additional 2020 recovery rebate in the amount of $1,000 ($2,000 for joint returns), plus $1,000 for each dependent of the taxpayer. The amount of such rebate is phased out for taxpayers whose adjusted gross income exceeds $75,000 ($150,000 for joint returns). A recovery rebate is a stimulus payment for taxpayers and their dependents who are adversely affected by COVID-19 (i.e., coronavirus disease 2019).
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8893 Introduced in House (IH)]
<DOC>
116th CONGRESS
2d Session
H. R. 8893
To amend the Internal Revenue Code of 1986 to provide supplementary
2020 recovery rebates to eligible individuals.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 8, 2020
Mr. McKinley (for himself and Ms. Blunt Rochester) introduced the
following bill; which was referred to the Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to provide supplementary
2020 recovery rebates to eligible individuals.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Coronavirus Assistance for American
Families Act''.
SEC. 2. SUPPLEMENTARY 2020 RECOVERY REBATES FOR INDIVIDUALS.
(a) In General.--Subchapter B of chapter 65 of subtitle F of the
Internal Revenue Code of 1986 is amended by inserting after section
6428 the following new section:
``SEC. 6428A. SUPPLEMENTARY 2020 RECOVERY REBATES FOR INDIVIDUALS.
``(a) In General.--In addition to the credit allowed under section
6428, in the case of an eligible individual, there shall be allowed as
a credit against the tax imposed by subtitle A for the first taxable
year beginning in 2020 an amount equal to the sum of--
``(1) $1,000 ($2,000 in the case of eligible individuals
filing a joint return), plus
``(2) an amount equal to the product of $1,000 multiplied
by the number of dependents (as defined in section 152(a)) of
the taxpayer.
``(b) Treatment of Credit.--The credit allowed by subsection (a)
shall be treated as allowed by subpart C of part IV of subchapter A of
chapter 1.
``(c) Limitation Based on Adjusted Gross Income.--The amount of the
credit allowed by subsection (a) (determined without regard to this
subsection and subsection (e)) shall be reduced (but not below zero) by
5 percent of so much of the taxpayer's adjusted gross income as
exceeds--
``(1) $150,000 in the case of a joint return,
``(2) $112,500 in the case of a head of household, and
``(3) $75,000 in the case of a taxpayer not described in
paragraph (1) or (2).
``(d) Eligible Individual.--For purposes of this section, the term
`eligible individual' means any individual other than--
``(1) any nonresident alien individual,
``(2) any individual with respect to whom a deduction under
section 151 is allowable to another taxpayer for a taxable year
beginning in the calendar year in which the individual's
taxable year begins, and
``(3) an estate or trust.
``(e) Coordination With Advance Refunds of Credit.--
``(1) In general.--The amount of credit which would (but
for this paragraph) be allowable under this section shall be
reduced (but not below zero) by the aggregate refunds and
credits made or allowed to the taxpayer under subsection (f).
Any failure to so reduce the credit shall be treated as arising
out of a mathematical or clerical error and assessed according
to section 6213(b)(1).
``(2) Joint returns.--In the case of a refund or credit
made or allowed under subsection (f) with respect to a joint
return, half of such refund or credit shall be treated as
having been made or allowed to each individual filing such
return.
``(f) Advance Refunds and Credits.--
``(1) In general.--Subject to paragraph (5), each
individual who was an eligible individual for such individual's
first taxable year beginning in 2019 shall be treated as having
made a payment against the tax imposed by chapter 1 for such
taxable year in an amount equal to the advance refund amount
for such taxable year.
``(2) Advance refund amount.--For purposes of paragraph
(1), the advance refund amount is the amount that would have
been allowed as a credit under this section for such taxable
year if this section (other than subsection (e) and this
subsection) had applied to such taxable year.
``(3) Timing and manner of payments.--
``(A) Timing.--The Secretary shall, subject to the
provisions of this title, refund or credit any
overpayment attributable to this section as rapidly as
possible. No refund or credit shall be made or allowed
under this subsection after April 15, 2021.
``(B) Delivery of payments.--Notwithstanding any
other provision of law, the Secretary may certify and
disburse refunds payable under this subsection
electronically to any account to which the payee
authorized, on or after January 1, 2018, the delivery
of a refund of taxes under this title or of a Federal
payment (as defined in section 3332 of title 31, United
States Code).
``(C) Waiver of certain rules.--Notwithstanding
section 3325 of title 31, United States Code, or any
other provision of law, with respect to any payment of
a refund under this subsection, a disbursing official
in the executive branch of the United States Government
may modify payment information received from an officer
or employee described in section 3325(a)(1)(B) of such
title for the purpose of facilitating the accurate and
efficient delivery of such payment. Except in cases of
fraud or reckless neglect, no liability under sections
3325, 3527, 3528, or 3529 of title 31, United States
Code, shall be imposed with respect to payments made
under this subparagraph.
``(4) No interest.--No interest shall be allowed on any
overpayment attributable to this section.
``(5) Alternate taxable year.--In the case of an individual
who, at the time of any determination made pursuant to
paragraph (3), has not filed a tax return for the year
described in paragraph (1), the Secretary may--
``(A) apply such paragraph by substituting `2018'
for `2019', and
``(B) if the individual has not filed a tax return
for such individual's first taxable year beginning in
2018, use information with respect to such individual
for calendar year 2019 provided in--
``(i) Form SSA-1099, Social Security
Benefit Statement, or
``(ii) Form RRB-1099, Social Security
Equivalent Benefit Statement.
``(6) Notice to taxpayer.--Not later than 15 days after the
date on which the Secretary distributed any payment to an
eligible taxpayer pursuant to this subsection, notice shall be
sent by mail to such taxpayer's last known address. Such notice
shall indicate the method by which such payment was made, the
amount of such payment, and a phone number for the appropriate
point of contact at the Internal Revenue Service to report any
failure to receive such payment.
``(g) Identification Number Requirement.--
``(1) In general.--In the case of any taxpayer who does not
include the valid identification number of such taxpayer on the
return of tax for the taxable year, subsection (a)(1) shall be
applied by substituting `$0' for `$1,000'.
``(2) Joint returns.--In the case of a joint return--
``(A) if the valid identification number of only 1
spouse is included on the return of tax for the taxable
year--
``(i) subsection (a)(1) shall be applied by
substituting `$1,000' for `$2,000', and
``(ii) subsection (c)(1) shall be applied
by substituting `$75,000' for `$150,000', or
``(B) if the valid identification number of neither
spouse is included on the return of tax for the taxable
year, subsection (a)(1) shall be applied by
substituting `$0' for `$2,000'.
``(3) Dependent.--A dependent of a taxpayer shall not be
taken into account under subsection (a)(2) unless--
``(A) the taxpayer includes the valid
identification number of such taxpayer (or, in the case
of a joint return, the valid identification number of
at least 1 spouse) on the return of tax for the taxable
year, and
``(B) the valid identification number of such
dependent is included on the return of tax for the
taxable year.
``(4) Valid identification number.--
``(A) In general.--For purposes of this subsection,
the term `valid identification number' means a social
security number (as such term is defined in section
24(h)(7)).
``(B) Adoption taxpayer identification number.--For
purposes of paragraph (3)(B), in the case of a
dependent who is adopted or placed for adoption, the
term `valid identification number' shall include the
adoption taxpayer identification number of such
dependent.
``(5) Special rule for members of the armed forces.--
Paragraph (2) shall not apply in the case where at least 1
spouse was a member of the Armed Forces of the United States at
any time during the taxable year and the valid identification
number of at least 1 spouse is included on the return of tax
for the taxable year.
``(6) Mathematical or clerical error authority.--Any
omission of a correct valid identification number required
under this subsection shall be treated as a mathematical or
clerical error for purposes of applying section 6213(g)(2) to
such omission.
``(h) Regulations.--The Secretary shall prescribe such regulations
or other guidance as may be necessary to carry out the purposes of this
section, including any such measures as are deemed appropriate to avoid
allowing multiple credits or rebates to a taxpayer.''.
(b) Definition of Deficiency.--Section 6211(b)(4)(A) of the
Internal Revenue Code of 1986 is amended by striking ``and 6428'' and
inserting ``6428, and 6428A''.
(c) Treatment of Possessions.--Rules similar to the rules of
subsection (c) of section 2201 of the CARES Act (Public Law 116-136)
shall apply for purposes of this section.
(d) Exception From Reduction or Offset.--Any credit or refund
allowed or made to any individual by reason of section 6428A of the
Internal Revenue Code of 1986 (as added by this section) or by reason
of subsection (c) of this section shall not be--
(1) subject to reduction or offset pursuant to section 3716
or 3720A of title 31, United States Code,
(2) subject to reduction or offset pursuant to subsection
(d), (e), or (f) of section 6402 of the Internal Revenue Code
of 1986, or
(3) reduced or offset by other assessed Federal taxes that
would otherwise be subject to levy or collection.
(e) Public Awareness Campaign.--The Secretary of the Treasury (or
the Secretary's delegate) shall conduct a public awareness campaign, in
coordination with the Commissioner of Social Security and the heads of
other relevant Federal agencies, to provide information regarding the
availability of the credit and rebate allowed under section 6428A of
the Internal Revenue Code of 1986 (as added by this section), including
information with respect to individuals who may not have filed a tax
return for taxable year 2018 or 2019.
(f) Conforming Amendments.--
(1) Paragraph (2) of section 1324(b) of title 31, United
States Code, is amended by inserting ``6428A,'' after
``6428,''.
(2) The table of sections for subchapter B of chapter 65 of
subtitle F of the Internal Revenue Code of 1986 is amended by
inserting after the item relating to section 6428 the
following:
``Sec. 6428A. Supplementary 2020 Recovery Rebates for individuals.''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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