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1 1 (March 18, 2020)

handle is hein.crs/govcizq0001 and id is 1 raw text is: Researh Sevice COVID-19 and Stimulus Payments to Individuals: How the 2009 Economic Recovery Payment Worked March 18, 2020 In response to concerns about an economic slowdown due to the Coronavirus Disease 2019 (COVID-19) outbreak, some la-xwmakers have expressed interest in providing direct cash payments to Americans. One option to provide such payments would be to establish a new advanced refundable tax credit, as was done in 2008 with recovery rebates. Although this option would disburse payments to the vast majority of Americans relatively quickly, it would not directly help those who do not file a federal income tax return. A 2017 study found that nonfilers were more likely to be seniors or recipients of public assistance than those who filed a tax return. To provide direct cash payments to nonfilers, lawmakers could consider providing such payments through existing programs for certain vulnerable populations. To assist lawmakers in assessing the merits of such a proposal, this Insight examines the 2009 Economic Recovery Payment (ERP), which was a one-time $250 payment made to most individuals who received recurring cash benefits from the Social Security Administration (SSA), the Railroad Retirement Board (RRB), or the Department of Veterans Affairs (VA). Overview The ERP was established as part of the American Recovery and Reinvestment Act of 2009 (ARRA; P.L. 111-5). Section 2201 of ARRA provided a one-time payment of $250 to the following groups: * Adult Social Security beneficiaries; * Supplemental Security Income (SSI) recipients of all ages; * Adult railroad retirement annuitants; and * Adult VA disability compensation or pension recipients. The ERP was not available to dependent minor or student children who might otherwise receive benefits under Social Security, railroad retirement, or VA's programs, nor was it available to SSI recipients who received a personal needs allowance. Congressional Research Service https://crsreports.congress.gov IN11254 CRS NStGHT Prepaimed for Mernbei-s and Com mittees o.i C- --q s . . . . . . . . . . . . . . . . . . . . ..------------------------------------------------------------------------------------------------------------------------------------------------------------

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