Bill
Bill > HR6850
US HR6850
US HR6850To protect stimulus checks from garnishment and fees and from being used as an offset by a credit union or depository institution, and for other purposes.
summary
Introduced
05/13/2020
05/13/2020
In Committee
05/13/2020
05/13/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A BILL To protect stimulus checks from garnishment and fees and from being used as an offset by a credit union or depository institution, and for other purposes. 1
AI Summary
This bill aims to protect stimulus checks from garnishment, fees, and being used as an offset by credit unions or depository institutions. It amends the CARES Act to prohibit the garnishment of stimulus payments, require the Treasury Department to use unique identifiers for electronic payments to allow financial institutions to identify them as protected, and prevent credit unions and depository institutions from offsetting or seizing these payments. The bill also defines key terms like "applicable payment," "garnishment order," and "COVID-19 stimulus payment" to clarify the scope and application of these protections.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 05/13/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/6850/all-info |
| BillText | https://www.congress.gov/116/bills/hr6850/BILLS-116hr6850ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr6850/BILLS-116hr6850ih.pdf.pdf |
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