1 1 (October 06, 2020)

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Delivery of Economic Impact Payments (EIPs)



Updated October 6,2020
To mitigate the financial hardship manyAmericans are experiencing during the Coronavirus Disease
(COVID- 19) pandemic, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES)
Act (P.L. 116-136). Acritical element of the aid package is direct payments to certain individuals in 2020.
The payments are referred to as recovery rebates in Section 2201 of the act, but the Internal Revenue
Service (IRS) refers to them as economic impact payments (EIPs) in the information about the
payments it sends to the general public.
(For more information on these payments, see CRS Insight IN11282, CO VID-19 and Direct Payments to
Individuals: Summary of the 2020 Recovery Rebates/Economic Impact Payments in the CARES Act (PL.
116-136).)
This Insight summarizes the delivery of EIPs so far and identifies issues that have delayed the delivery of
payments to certain low-income individuals.

Delivery of Payments
The IRS is administering the EIP program, with assistance from the Treasury Department's Bureau of the
Fiscal Service, which is issuing the payments. In doing so, the IRS has drawn on its experience in
administering a similar payment program established by the Economic Stimulus Act of 2008 (ESA, P.L.
110-185).
The CARES Act provided the IRS with $500.7 million to implement the program; the funds are available
for obligation until September 30, 2021. Congress appropriated $270 million for the IRS to implement the
2008 stimulus payments.
EIPs have been distributed to three groups of taxpayers:
    *  eligible individuals who filed a return in 2019 (or in 2018 if no 2019 return is filed before
       payments are disbursed);
    *  eligible individuals who were not required to file a return for either year and who
       received Social Security (SS) benefits, Railroad Retirement (RR) benefits, Supplemental
       Security Income (SSI), or certain Veterans Administration (VA) benefits in 2019; and



                                                              Congressional Research Service
                                                              https://crsreports.congress.gov
                                                                                  INI 1393

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