ABSTRACT

COVID-19 and Direct Payments: Frequently Asked Questions (FAQs) About the Third Round of 'Stimulus Checks' in the American Rescue Plan Act of 2021 (ARPA; P.L. 117-2) [Updated March 15, 2021]   [open pdf - 771KB]

From the Document: "Congress included a third round of direct payments in the American Rescue Plan Act of 2021 (ARPA; P.L. [public law] 117-2) to address the continued economic fallout from the Coronavirus Disease 2019 (COVID-19) pandemic. The first round [hyperlink] was included in the CARES [Coronavirus Aid, Relief, and Economic Security] Act [hyperlink] (P.L. 116-136). The second round [hyperlink] was included in the Consolidated Appropriations Act, 2021 [hyperlink] (P.L. 116-260). This Insight provides a brief overview of the third round of payments--often referred to as 'stimulus checks [hyperlink]'. (A similar proposal for a third round of payments passed the House on February 27, 2021. That version had different phaseouts [hyperlink] from the third round ultimately included in P.L. 117-2 and discussed in this Insight.)"

Report Number:
CRS Insight, IN11604
Author:
Publisher:
Date:
2021-03-15
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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