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Code · BILL · 116th Congress · S. 4495 (Introduced in Senate) — To amend the Internal Revenue Code of 1986 to provide for automatic advance refunds of additional stimulus tax credit... · Sec. 3

Sec. 3. Allowing multiple payments for recovery rebates to specified individuals

134 words·~1 min read·/bill/116/s/4495/is/section-3

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Subsection
(f)of section 6428 of the Internal Revenue Code of 1986, as added by section 2201 of the CARES Act ( Public Law 116–136 ), is amended by adding at the end the following new paragraph: In the case of any specified individual (as defined in section 2(b)(2) of the Automatic Cash Assistance Act ), the Secretary shall, upon receipt of any information necessary to determine the number of qualifying children of such individual, disburse any payment as soon as practicable to such individual pursuant to this subsection with respect to any amounts described in subsection (a)(2), regardless of whether any payment pursuant to this subsection has been previously made to such individual. . The amendments made by this section shall take effect as if included in section 2201 of the CARES Act.
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Sec. 3
Allowing multiple payments for recovery rebates to specified individuals
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