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President donald trump signed a pandemic relief bill in late december which means a second round of economic impact payments aka stimulus checks is rolling out to americans.
Stimulus check round 2 bill. The new stimulus bill sets the income limits for a 600 second check closely to the first but comes with a few adjustments. Why the income limit is lower to qualify for a second stimulus check. The legislative package includes a second round of economic impact payments also referred to as stimulus checks to help americans who have been financially impacted by the coronavirus.
Taxpayers will also receive 600 for children under 17. Adults and qualifying children are both eligible for up to 600 each with the second payment. Both republicans and democrats agree that a stimulus needs to be passed but the overall size and whether it should include a second round of 1 200 payments to qualifying individuals remain major.
A second round of stimulus checks may soon land in the bank accounts of millions of americans after president donald trump signed a 900 billion economic relief package on december 27.
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