HR 7700 United States House · 117th Congress

People’s Prosperity Act

Summary
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.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2022
Committee Review
Floor Vote
President
Introduced May 10, 2022 Last action May 10, 2022
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
May 10, 2022
Committee
Referred to the House Committee on Ways and Means.
lower
May 10, 2022
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Sheila Cherfilus-McCormick
Sheila Cherfilus-McCormick
DDemocratic
FL
20