S. 3679, Newborn CARES Act
Summary
S. 3679, the Newborn CARES Act, was introduced in the Senate on May 11, 2020 by Ms. Duckworth (for herself and others) and referred to the Committee on Finance. Its stated purpose is 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. Section 2 adds to section 6428(f) of the Internal Revenue Code of 1986 a subparagraph under which a qualifying child born during calendar year 2020 is treated as if born in calendar year 2019 for the advance refund amount. The Secretary is to establish a procedure for filing a claim during calendar year 2020, effective as if included in section 2201 of the CARES Act.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
- Issuer
- Congressional materials
- Document type
- Bills Bills 116S3679Is Bills 116S3679Is
- Case
- Bills Bills 116S3679Is Bills 116S3679Is
Cite this document
“S. 3679, Newborn CARES Act.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116s3679is-bills-116s3679is/
, SHA-256 7624b49e838cf9d76889a3a0e5285b4b6005a66a69e1b6bc8372c76c57c217c4.Full text
II
116TH CONGRESS
2D SESSION
S. 3679
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 SENATE OF THE UNITED STATES
MAY 11, 2020
Ms. DUCKWORTH (for herself, Mr. SCOTT of South Carolina, Ms. KLO-
BUCHAR, Mr. BRAUN, Mr. WYDEN, Mr. LANKFORD, Ms. SMITH, and Ms.
ERNST) introduced the following bill; which was read twice and referred
to the Committee on Finance
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’’.
pamtmann on DSKBC07HB2PROD with BILLS
VerDate Sep 11 2014 18:43 May 22, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S3679.IS S3679
2
1 SEC. 2. ADVANCE RECOVERY PAYMENTS FOR CHILDREN
2 BORN IN 2020.
3 (a) IN GENERAL.—Paragraph (3) of section 6428(f)
4 of the Internal Revenue Code of 1986, as added by the
5 CARES Act (Public Law 116–136), is amended by adding
6 at the end the following new subparagraph:
7 ‘‘(D) PAYMENTS RELATING TO CHILDREN
8 BORN IN 2020.—
9 ‘‘(i) IN GENERAL.—In the case of a
10 qualifying child (within the meaning of sec-
11 tion 24(c)) of the taxpayer born during
12 calendar year 2020, for purposes of deter-
13 mining the advance refund amount of the
14 taxpayer under paragraph (2), such child
15 shall be treated as if the child had been
16 born in calendar year 2019 (or 2018, in
17 the case of a taxpayer to whom paragraph
18 (5)(A) applies) and taken into account as
19 a dependent of the taxpayer for such year.
20 ‘‘(ii) CLAIMS.—The Secretary shall es-
21 tablish a procedure to allow a taxpayer to
22 file a claim, during calendar year 2020, for
23 the dollar amount attributable under sub-
24 section (a)(2) (as adjusted under sub-
pamtmann on DSKBC07HB2PROD with BILLS
25 section (c)) to a child described in clause
26 (i). Such a claim—
•S 3679 IS
VerDate Sep 11 2014 18:43 May 22, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S3679.IS S3679
3
1 ‘‘(I) shall be filed in such manner
2 as the Secretary shall prescribe, and
3 ‘‘(II) shall include the social se-
4 curity number (as defined in section
5 24(h)(7)) of such child.
6 Any amount with respect to which a valid
7 claim is filed shall be refunded or credited
8 as rapidly as possible according to the
9 rules of this paragraph, without regard to
10 whether the taxpayer has previously re-
11 ceived payment of any advance refund
12 amount (or any portion of such amount)
13 under this subsection.
14 ‘‘(iii) QUALIFYING CHILD.—Solely for
15 purposes of this subparagraph, in applying
16 section 24(c), any child of the taxpayer
17 who is born during calendar year 2020
18 shall be deemed to have satisfied the re-
19 quirements of subparagraphs (B) and (D)
20 of section 152(c)(1) if such child satisfies
21 such requirements for the period beginning
22 on the date of birth of the child and end-
23 ing on the date the claim is filed.
pamtmann on DSKBC07HB2PROD with BILLS
24 ‘‘(iv) DENIAL OF DOUBLE CLAIMS.—
25 Only 1 refund or credit by reason of this
•S 3679 IS
VerDate Sep 11 2014 18:43 May 22, 2020 Jkt 099200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\S3679.IS S3679
4
1 subparagraph shall be issued with respect
2 to any qualifying child.’’.
3 (b) EFFECTIVE DATE.—The amendment made by
4 this section shall take effect as if included in the enact-
5 ment of section 2201 of the CARES Act (Public Law 116–
6 136).
Æ
pamtmann on DSKBC07HB2PROD with BILLS
•S 3679 IS
VerDate Sep 11 2014 18:43 May 22, 2020 Jkt 099200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6301 E:\BILLS\S3679.IS S3679
File and source
- File
- BILLS_bills-116s3679is_bills-116s3679is.pdf
- Size
- 233,632 bytes
- SHA-256
- 7624b49e838cf9d76889a3a0e5285b4b6005a66a69e1b6bc8372c76c57c217c4
- Original
- www.govinfo.gov