H.R. 7700 · 117th Congress · House

People’s Prosperity Act

Active· Referred to the House Committee on Ways and Means.
Introduced
May 10, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

People's Prosperity Act

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.

Action Timeline

3
  1. MAY 10, 2022IntroReferral

    Introduced in House

  2. MAY 10, 2022IntroReferral

    Introduced in House

  3. MAY 10, 2022IntroReferral

    Referred to the House Committee on Ways and Means.

Committees

1

Ways and Means Committee

hswm00

Referred: May 10, 2022

Active