HR 7700 · 117th Congress · Taxation
People’s Prosperity Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2022-05-10)
Plain Language Summary
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People's Prosperity Ac t This bill allows individual taxpayers a 2022 refundable rebate amount equal to $1,000 ($2,000 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.…
Summarized by Claude AI · Non-partisan · For informational purposes only