This bill allows individual taxpayers a 2022 refundable rebate amount equal to $12,000 ($24,000 for joint returns). The rebate amount is reduced if taxpayer modified adjusted gross income exceeds a certain threshold. To be eligible for the rebate, taxpayers must provide a Social Security account number on their tax returns. Rebate amounts are exempt from certain reductions or offsets, including garnishments.
To amend the Internal Revenue Code of 1986 to provide for additional recovery rebates to taxpayers.
USA117th CongressHR-7929| House
| Updated: 6/3/2022
This bill allows individual taxpayers a 2022 refundable rebate amount equal to $12,000 ($24,000 for joint returns). The rebate amount is reduced if taxpayer modified adjusted gross income exceeds a certain threshold. To be eligible for the rebate, taxpayers must provide a Social Security account number on their tax returns. Rebate amounts are exempt from certain reductions or offsets, including garnishments.