S. 3777, Returning Inappropriate Cash Handouts Act
Summary
S. 3777, the Returning Inappropriate Cash Handouts Act or RICH Act, was introduced May 20, 2020 by Ms. Ernst and referred to the Committee on Finance. It is a bill to prohibit payment of Pandemic Unemployment Assistance and Federal Pandemic Unemployment Compensation to millionaires. Both would be barred for an individual whose adjusted gross income is equal to or greater than $1,000,000. Each applicant would certify that the individual is not prohibited from receiving the benefit, and the certifications would be auditable by the Department of Labor or the Government Accountability Office.
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Cite this document
“S. 3777, Returning Inappropriate Cash Handouts Act.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116s3777is-bills-116s3777is/
, SHA-256 65aa8d3d71c20534655f14153cec3aa8e0423d0ea0ad3fa41db48d0a76cce6ca.Full text
II
116TH CONGRESS
2D SESSION
S. 3777
To prohibit payment of Pandemic Unemployment Assistance and Federal
Pandemic Unemployment Compensation to millionaires.
IN THE SENATE OF THE UNITED STATES
MAY 20, 2020
Ms. ERNST introduced the following bill; which was read twice and referred
to the Committee on Finance
A BILL
To prohibit payment of Pandemic Unemployment Assistance
and Federal Pandemic Unemployment Compensation to
millionaires.
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 ‘‘Returning Inappro-
5 priate Cash Handouts Act’’ or the ‘‘RICH Act’’.
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1 SEC. 2. PROHIBITING PAYMENT OF PANDEMIC UNEMPLOY-
2 MENT ASSISTANCE AND FEDERAL PANDEMIC
3 UNEMPLOYMENT COMPENSATION TO MIL-
4 LIONAIRES.
5 (a) PANDEMIC UNEMPLOYMENT ASSISTANCE.—Sec-
6 tion 2102 of the Relief for Workers Affected by
7 Coronavirus Act (contained in subtitle A of title II of divi-
8 sion A of the CARES Act (Public Law 116–136)) is
9 amended—
10 (1) in subsection (a)(3)(B)—
11 (A) in clause (i), by striking ‘‘or’’ at the
12 end;
13 (B) in clause (ii), by striking the period at
14 the end and inserting ‘‘; or’’; and
15 (C) by adding at the end the following new
16 clause:
17 ‘‘(iii) an individual whose adjusted
18 gross income is equal to or greater than
19 $1,000,000.’’; and
20 (2) by adding at the end the following new sub-
21 section:
22 ‘‘(i) PROHIBITION ON ASSISTANCE TO MILLION-
23 AIRES.—
24 ‘‘(1) COMPLIANCE.—Any application for assist-
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25 ance authorized under subsection (b) shall include a
26 form or procedure for an individual applicant to cer-
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1 tify that such individual is not prohibited from re-
2 ceiving such assistance pursuant to subsection
3 (a)(3)(B)(iii).
4 ‘‘(2) AUDITS.—The certifications required by
5 paragraph (1) shall be auditable by the Department
6 of Labor or the Government Accountability Office.’’.
7 (b) FEDERAL PANDEMIC UNEMPLOYMENT COM-
8 PENSATION.—Section 2104(b) of the Relief for Workers
9 Affected by Coronavirus Act (contained in subtitle A of
10 title II of division A of the CARES Act (Public Law 116–
11 136)) is amended by adding at the end the following new
12 paragraph:
13 ‘‘(3) PROHIBITION ON COMPENSATION TO MIL-
14 LIONAIRES.—
15 ‘‘(A) IN GENERAL.—Federal Pandemic
16 Unemployment Compensation shall not be pay-
17 able to any individual whose adjusted gross in-
18 come is equal to or greater than $1,000,000.
19 ‘‘(B) COMPLIANCE.—Any application for
20 regular compensation shall include a form or
21 procedure for an individual applicant to certify
22 that such individual is not prohibited from re-
23 ceiving Federal Pandemic Unemployment Com-
24 pensation pursuant to subparagraph (A).
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1 ‘‘(C) AUDITS.—The certifications required
2 by subparagraph (B) shall be auditable by the
3 Department of Labor or the Government Ac-
4 countability Office.’’.
5 (c) RULE OF CONSTRUCTION.—Nothing in this Act,
6 or any amendment made by this Act, may be construed
7 to apply to regular compensation or extended compensa-
8 tion (as such terms are defined by section 205 of the Fed-
9 eral-State Extended Unemployment Compensation Act
10 (26 U.S.C. 3304 note)) to which an individual may be oth-
11 erwise entitled.
12 (d) EFFECTIVE DATE.—The amendments made by
13 this section shall apply to weeks of unemployment begin-
14 ning on or after the date of the enactment of this Act.
Æ
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