A second stimulus check for $1,200? Here's the update on another round of payments

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  • The pushback to the Heroes Act is strong in the Senate, and Senator Majority Leader Mitch McConnell has said that the bill wouldn't pass as is.

    Possible outcome


    The pushback to the Heroes Act is strong in the Senate, and Senator Majority Leader Mitch McConnell has said that the bill wouldn't pass as is.

    Possible outcomes include morphing into a different aid package through bipartisan negotiation.

    It could also fail, with a new proposal taking its place.

    Or, it could dissipate altogether until a future proposal appears and the process begins anew.

    The White House has indicated it would support a second stimulus check of some sort, according to CNBC, though Trump called the Heroes Act "DOA".

    The Heroes Act includes a wide range of benefits, such as a second direct payment to individuals and households of up to $1,200 per family member, according to a fact sheet from the House Appropriations Committee (PDF).

    Here are some breakdowns.

    Individuals: Under the proposed law, an eligible person would receive $1,200 if their adjusted gross income, or AGI, from their 2019 federal tax filing or 2018 filing (if you haven't filed taxes yet) was less than $75,000.

    As with the current stimulus package, payments would incrementally decrease as your AGI goes up.

    A chart from the Congressional Research Service shows proposed payments by income (PDF).

    Children and dependents: Each dependent would qualify for a $1,200 payment.

    That includes college students, children over 17, disabled relatives and a taxpayer's parent.

    This detail differs from the CARES Act, which provided a $500 payment just for children age 16 and under.

    Under the bill (PDF), dependents would receive retroactive payments to compensate for being passed over in the first stimulus package.

    Families: Households would qualify for a maximum payment of $6,000 total, capped at five family members at $1,200 apiece.

    Your scale of your payment allowance would begin to decrease as you surpass an AGI of $150,000 for married couples filing jointly, or $112,500 for heads of household.

    Noncitizens: To qualify for a payment under the current CARES Act, US residents are required to have a Social Security number.

    With the Heroes Act, those without a Social Security number could instead use an individual taxpayer identification number, which will allow noncitizens to qualify for a payment.

    As with the stipulation for dependents, people who qualify in this category would receive retroactive payments from the first stimulus package.

    What else does the Heroes Act propose?
    The Heroes Act, officially the Health and Economic Recovery Omnibus Emergency Solutions Act, includes a handful of additional measures to provide support for individuals and businesses.

    Unemployment benefits: The bill would carry over the current enhanced unemployment benefit of $600 per week (on top of states' typical unemployment payout) to January 2021.

    Payroll protection: The Heroes Act would expand the employee retention tax credit to help employers keep workers on the payroll.

    Funds for essential workers: Under the bill, state and local governments would receive $1 trillion to pay salaries for first responders, health care workers, teachers and other essential workers in danger of losing their jobs.

    The bill would also fund hazard pay for workers with high-risk jobs.

    Coronavirus testing, tracing and treatment: The bill would include $75 billion to provide for expanded testing and contact tracing.

    Support for businesses: The bill would bolster the Payroll Protection Plan, which provides payroll assistance to small businesses, and provide additional funding for the US Postal Service.

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