H.R. 7884, Newborn CARES Act
Summary
H.R. 7884, the Newborn CARES Act, was introduced in the House of Representatives on July 30, 2020 by Mr. Pascrell, for himself and others, and referred to the Committee on Ways and Means. It is a bill to require the Internal Revenue Service to establish a procedure by which parents may immediately claim the recovery rebate amount for children born in 2020. A child born during calendar year 2020 would be treated as if born in calendar year 2019 for the advance refund amount. The Secretary would establish a procedure for a taxpayer to file a claim during calendar year 2020, and valid claims would be refunded or credited as rapidly as possible.
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Cite this document
“H.R. 7884, Newborn CARES Act.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116hr7884ih-bills-116hr7884ih/
, SHA-256 b674bf71bb26becbb92057cbccc767524890981e2b525e70b6ca38087e1c441c.Full text
I
116TH CONGRESS
2D SESSION
H. R. 7884
To require the Internal Revenue Service to establish a procedure by which
parents may immediately claim the recovery rebate amount for children
born in 2020.
IN THE HOUSE OF REPRESENTATIVES
JULY 30, 2020
Mr. PASCRELL (for himself, Mrs. WALORSKI, Mr. PANETTA, and Mr.
SCHWEIKERT) introduced the following bill; which was referred to the
Committee on Ways and Means
A BILL
To require the Internal Revenue Service to establish a proce-
dure by which parents may immediately claim the recov-
ery rebate amount for children born in 2020.
1 Be it enacted by the Senate and House of Representa-
2 tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE.
4 This Act may be cited as the ‘‘Newborn CARES
5 Act’’.
6 SEC. 2. ADVANCE RECOVERY PAYMENTS FOR CHILDREN
7 BORN IN 2020.
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8 (a) IN GENERAL.—Paragraph (3) of section 6428(f)
9 of the Internal Revenue Code of 1986, as added by the
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2
1 CARES Act (Public Law 116–136), is amended by adding
2 at the end the following new subparagraph:
3 ‘‘(D) PAYMENTS RELATING TO CHILDREN
4 BORN IN 2020.—
5 ‘‘(i) IN GENERAL.—In the case of a
6 qualifying child (within the meaning of sec-
7 tion 24(c)) of the taxpayer born during
8 calendar year 2020, for purposes of deter-
9 mining the advance refund amount of the
10 taxpayer under paragraph (2), such child
11 shall be treated as if the child had been
12 born in calendar year 2019 (or 2018, in
13 the case of a taxpayer to whom paragraph
14 (5)(A) applies) and taken into account as
15 a dependent of the taxpayer for such year.
16 ‘‘(ii) CLAIMS.—The Secretary shall es-
17 tablish a procedure to allow a taxpayer to
18 file a claim, during calendar year 2020, for
19 the dollar amount attributable under sub-
20 section (a)(2) (as adjusted under sub-
21 section (c)) to a child described in clause
22 (i). Such a claim—
23 ‘‘(I) shall be filed in such manner
24 as the Secretary shall prescribe, and
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1 ‘‘(II) shall include the social se-
2 curity number (as defined in section
3 24(h)(7)) of such child.
4 Any amount with respect to which a valid
5 claim is filed shall be refunded or credited
6 as rapidly as possible according to the
7 rules of this paragraph, without regard to
8 whether the taxpayer has previously re-
9 ceived payment of any advance refund
10 amount (or any portion of such amount)
11 under this subsection.
12 ‘‘(iii) QUALIFYING CHILD.—Solely for
13 purposes of this subparagraph, in applying
14 section 24(c), any child of the taxpayer
15 who is born during calendar year 2020
16 shall be deemed to have satisfied the re-
17 quirements of subparagraphs (B) and (D)
18 of section 152(c)(1) if such child satisfies
19 such requirements for the period beginning
20 on the date of birth of the child and end-
21 ing on the date the claim is filed.
22 ‘‘(iv) DENIAL OF DOUBLE CLAIMS.—
23 Only 1 refund or credit by reason of this
24 subparagraph shall be issued with respect
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25 to any qualifying child.’’.
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1 (b) EFFECTIVE DATE.—The amendment made by
2 this section shall take effect as if included in the enact-
3 ment of section 2201 of the CARES Act (Public Law 116–
4 136).
Æ
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