If you countto help you through , it looks bright. Late Monday afternoon, the Senate Republicans rolled out , its long-awaited financial stimulus package to support one . And it reveals much more about who can qualify for the second stimulus check … and who may not. (By the way, here is .)
According to the Republican proposal, the HEALS Act follows almost all the same payment guidelines as established for, with $ 1,200 for individuals and $ 500 for addicts. But there is a big difference and still a lot that we do not know. For example, if the GOP’s proposal can be changed.
Now that the Republicans have put their legislative cards on the table, they will begin negotiations with the House and Senate Democrats on details of the next payment of economic effect, including whenand who will qualify based on age, annual taxable income, citizenship, marital status and the number of relatives you claim.
So where do things stand? We have detailed everything we know right now about what happens to the next rescue package. Check back often for updates.
How more people can qualify for a second stimulus check according to the Republican plan
The Senate Republican HEALS Act would follow the payment guidelines set forth in the CARES Act: “We will continue the economic effects paid in April and May,” Senator Chuck Grassley said Monday. But Grassley said under the HEALS Act that more people would qualify.
“[The bill] includes only a few people who were inadvertently left out of the last one. “Mostly addicted, college and adults, it’s someone else’s addicted,” he said.
Here’s who would qualify for a HEALS Act payment:
- An individual living in the United States with an adjusted gross income of less than $ 99,000.
- Head of a household that earns under $ 146,500.
- Couples file together without children and earn less than $ 198,000.
- An addicted child or adult.
In the CARES Act, the break to get a $ 500 addiction check was age 16 and younger.
How more people can qualify for a second stimulus check according to the Democrats’ plan
The largest eligible parameters so far come from the Heroes Act (PDF), which was proposed by the House of Representatives on 15 May. Although it has been strongly opposed by Senate Republicans and President Donald Trump, we can look to this bill to help frame the conversation about the upper limits of who can qualify for a broad proposal:
- Individuals who earned less than $ 99,000 according to the adjusted gross income from their taxes for 2018 or 2019 (depending on what was last filed).
- Students, family members over 17, disabled relatives and taxpayers’ parents.
- Families of up to five people.
- SSDI recipients.
- People who are not U.S. citizens and file tax returns, pay taxes, and otherwise follow federal tax laws using an individual taxpayer’s identification number instead of a social security number.
Here’s who did not get the first stimulus check
These groups did not meet the requirements for the first payment:
- Individual taxpayers with an adjusted gross income over $ 99,000.
- Managers for households with an AGI over $ 136,500.
- Married couple with an AGI over $ 198,000.
- Children over 16 and students under 24.
- Non-resident aliens, as defined by the US Government.
When will the eligibility requirements be final?
Now that the Senate has presented its proposal with the White House’s commitment, negotiations with the House can begin. Once an agreement has been reached, the stimulus proposal will not enter into force until the President has signed it into law. We know nothing for sure until the two sides come together on the next stimulus package, but we have a good idea.
For more, here’s what we know about. We also have information about , and .