S 3516
Emergency Family Relief Act of 2020
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Bill overview
The Emergency Family Relief Act of 2020 proposes a new refundable tax credit to provide monthly payments to families with dependent children impacted by the COVID-19 pandemic. The Treasury Department would establish a program to distribute payments, with amounts varying based on household size, up to $1,786 per household and phased out for higher-income taxpayers. The payments would be available for periods where schools or childcare were closed or when family members experienced economic hardship due to the pandemic, and applicants could apply outside the regular tax filing process.
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