1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i COVID-19 and Direct Payments: How Do the “Stimulus Check” Phaseouts Differ Between the House-Passed and Senate-Passed American Rescue Plan? Updated March 8, 2021 This Insight briefly summarizes how the proposed third round
2、 of paymentsoften referred to as “stimulus checks”would phase out in the American Rescue Plan Act of 2021 (ARPA; H.R. 1319) as passed by the House on February 27, 2021 (hereinafter “House-passed version”) and as passed by the Senate on March 6, 2021 (hereinafter “Senate-passed version”). A more deta
3、iled description of the third round of payments in H.R. 1319, as passed by the House on February 27, 2021, can be found here. Overview of Maximum Payment Amount In both the House-passed version of H.R. 1319 and the Senate amendment, households would generally be issued a single payment based on thei
4、r income and size. Specifically, a households maximum payment would equal $1,400 per eligible individual ($2,800 for most married couples) plus an additional $1,400 for each dependent as defined for tax purposes. The definition of dependent would include older children and adult dependents. In most
