H.R. 9051, 116th Congress — To Increase Recovery Rebate Amounts to $2,000 for Individuals

Summary

The engrossed text of H.R. 9051, 116th Congress, the Caring for Americans with Supplemental Help Act of 2020 or CASH Act of 2020, which passed the House of Representatives on December 28, 2020. Section 2 amends Section 6428A of the Internal Revenue Code of 1986, as added by the COVID-related Tax Relief Act of 2020, by replacing $600 with $2,000 and $1,200 with $4,000. Section 3 replaces references to qualifying children with dependents for recovery rebates and allows the Secretary to make advance refunds without regard to that change. The amendments are contingent upon enactment of the COVID-related Tax Relief Act of 2020, and Section 4 keeps the budgetary effects off the PAYGO scorecards.

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“H.R. 9051, 116th Congress — To Increase Recovery Rebate Amounts to $2,000 for Individuals.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/congress-house-waysandmeans-cash-act-hr9051-2020-12-28-cd4a1bfc82/, SHA-256 024166525ac2b31168597374cf215c778281884eb5675c91f0f9152fc3f50047.

Full text

116TH CONGRESS
   2D SESSION
                    H. R. 9051

                     AN ACT
To amend the Internal Revenue Code of 1986 to increase
   recovery rebate amounts to $2,000 for individuals, and
   for other purposes.

 1      Be it enacted by the Senate and House of Representa-
 2 tives of the United States of America in Congress assembled,
                               2
 1   SECTION 1. SHORT TITLE.

 2       This Act may be cited as the ‘‘Caring for Americans
 3 with Supplemental Help Act of 2020’’ or the ‘‘CASH Act
 4 of 2020’’.
 5   SEC. 2. RECOVERY REBATE AMOUNTS INCREASED.

 6       (a) IN GENERAL.—Section 6428A of the Internal
 7 Revenue Code of 1986, as added by the COVID-related
 8 Tax Relief Act of 2020, is amended by striking ‘‘$600’’
 9 each place it appears and inserting ‘‘$2,000’’, and by
10 striking ‘‘$1,200’’ each place it appears and inserting
11 ‘‘$4,000’’.
12       (b) EFFECTIVE DATE.—The amendments made by
13 this section are contingent upon the enactment of the
14 COVID-related Tax Relief Act of 2020 and shall apply
15 (if at all) as if included in the enactment of section 272
16 of such Act.
17   SEC. 3. DEPENDENTS TAKEN INTO ACCOUNT IN DETER-

18                  MINING CREDIT AND REBATES.

19       (a) RECOVERY REBATES.—
20              (1) IN GENERAL.—Section 6428(a)(2) of the
21       Internal Revenue Code of 1986 is amended by strik-
22       ing ‘‘qualifying children (within the meaning of sec-
23       tion 24(c))’’ and inserting ‘‘dependents (as defined
24       in section 152)’’.
25              (2) CONFORMING AMENDMENTS.—


      •HR 9051 EH
                                3
 1                 (A) Section 6428(f)(2) of such Code is
 2           amended by inserting ‘‘and subsection (a)(2)
 3           were applied by substituting ‘qualifying children
 4           (within the meaning of section 24(c))’ for ‘de-
 5           pendent (as defined in section 152)’ ’’ before
 6           the period at the end.
 7                 (B) Section 6428(g) of such Code, as
 8           amended by the COVID-related Tax Relief Act
 9           of 2020, is amended—
10                       (i) in paragraph (1), by striking
11                 ‘‘qualifying child’’ each place it appears
12                 and inserting ‘‘dependent’’,
13                       (ii) in paragraph (2)(C), by inserting
14                 ‘‘(determined after the application of sub-
15                 section (f)(2))’’ after ‘‘subsection (a)(2)’’,
16                 and
17                       (iii) in paragraph (3)(B), by inserting
18                 ‘‘or dependent’’ after ‘‘child’’ both places it
19                 appears.
20           (3) EFFECTIVE DATE.—The amendments made
21      by this subsection are contingent upon the enact-
22      ment of the COVID-related Tax Relief Act of 2020
23      and shall apply (if at all) as if included in the enact-
24      ment of section 273 of such Act.
25      (b) ADDITIONAL 2020 RECOVERY REBATES.—


     •HR 9051 EH
                              4
 1           (1) IN GENERAL.—Section 6428A(a)(2) of the
 2      Internal Revenue Code of 1986, as added by the
 3      COVID-related Tax Relief Act of 2020, is amended
 4      by striking ‘‘qualifying children (within the meaning
 5      of section 24(c))’’ and inserting ‘‘dependents (as de-
 6      fined in section 152)’’.
 7           (2) AUTHORITY TO MAKE ADVANCE REFUNDS
 8      WITHOUT REGARD TO MODIFIED DEFINITION OF DE-

 9      PENDENT.—Section       6428A(f) of such Code is
10      amended by adding at the end the following new
11      paragraph:
12           ‘‘(7) AUTHORITY TO MAKE ADVANCE REFUNDS
13      WITHOUT REGARD TO MODIFIED DEFINITION OF DE-

14      PENDENT.—To the extent the Secretary determines

15      appropriate to make or allow the maximum number
16      of advance refunds by the deadline described in
17      paragraph (3)(A)(ii), the Secretary may determine
18      the advance refund amounts under this subsection
19      without regard to the amendments made by para-
20      graphs (1) and (3) of section 3(b) of the CASH Act
21      of 2020.’’.
22           (3) CONFORMING AMENDMENTS.—
23                 (A) Section 6428A(f)(2)(B) of such Code
24           is amended by striking ‘‘qualifying child’’ and
25           inserting ‘‘dependent’’.


     •HR 9051 EH
                               5
 1                  (B) Section 6428A(g) of such Code is
 2            amended by striking ‘‘qualifying child’’ each
 3            place it appears and inserting ‘‘dependent’’.
 4                  (C) Section 6428A(g)(4)(B) of such Code
 5            is amended by striking ‘‘such child’’ and insert-
 6            ing ‘‘such dependent’’.
 7            (4) EFFECTIVE DATE.—The amendments made
 8       by this subsection are contingent upon the enact-
 9       ment of the COVID-related Tax Relief Act of 2020
10       and shall apply (if at all) as if included in the enact-
11       ment of section 272 of such Act.
12   SEC. 4. BUDGETARY EFFECTS.

13       (a) STATUTORY PAYGO SCORECARDS.—The budg-
14 etary effects of this Act shall not be entered on either
15 PAYGO scorecard maintained pursuant to section 4(d) of
16 the Statutory Pay-As-You-Go Act of 2010.
17       (b) SENATE PAYGO SCORECARDS.—The budgetary
18 effects of this Act shall not be entered on any PAYGO
19 scorecard maintained for purposes of section 4106 of H.
20 Con. Res. 71 (115th Congress).
         Passed the House of Representatives December 28,
     2020.
         Attest:




                                                        Clerk.
      •HR 9051 EH
116TH CONGRESS
   2D SESSION     H. R. 9051
               AN ACT
To amend the Internal Revenue Code of 1986 to
  increase recovery rebate amounts to $2,000 for
  individuals, and for other purposes.

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