Code · BILL · 116th Congress · S. 5085 (Placed on Calendar Senate) — To amend the Internal Revenue Code of 1986 to increase the additional 2020 recovery rebates, to repeal section 230 of... · Sec. 1

Sec. 1. Increase in 2020 recovery rebates

94 words·~1 min read·/bill/116/s/5085/pcs/section-1

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Section 6428A of the Internal Revenue Code of 1986 (as added by the COVID-related Tax Relief Act of 2020) is amended— in subsection (a)(1), by striking $600 ($1,200 and inserting $2,000 ($4,000 , in subsection (g)(1), by striking $600 and inserting $2,000 , and in subsection (g)(2)— by striking $1,200 in the matter preceding subparagraph

(A)and inserting $4,000 , and by striking $600 in subparagraph

(A)and inserting $2,000 . The amendments made by this section shall take effect as if included in section 272 of the COVID-related Tax Relief Act of 2020.