S.4381: Coronavirus Assistance for American Families Act

About This Bill

  • Introduced July 30, 2020
  • Latest Major Action July 30, 2020

Bill Sponsor

Bill Version

Bill Summary

Coronavirus Assistance for American Families Act This bill allows individual taxpayers an additional 2020 recovery rebate in the amount of $1,000 ($2,000 for joint returns), plus $1,000 for each dependent of the taxpayer. The amount of such rebate is phased out for taxpayers whose adjusted gross income exceeds $75,000 ($150,000 for joint returns). A recovery rebate is a stimulus payment for taxpayers and their dependents who are adversely...

(Source: Library of Congress)

Bill Actions

Date Description
July 30, 2020
Read twice and referred to the Committee on Finance.
July 30, 2020

Introduced in the Senate by Bill Cassidy (R-La.)

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