Student RELIEF Act of 2020

Hozzl · 2022-02-08T23:16:51Z

Explore the details of House Bill 7295 Student RELIEF Act of 2020 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

2/8/2022, 11:16 PM

Congressional Summary of HR 7295

Student Recovery Eligibility for Low-Income Individuals to Exact Funds Act of 2020 or the Student RELIEF Act of 2020

This bill increases the 2020 recovery rebate allowed during the COVID-19 (i.e., coronavirus disease 2019) emergency period for dependents who are students eligible for Pell Grants.

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Current Status of Bill HR 7295

Bill HR 7295 is currently in the status of Bill Introduced since June 22, 2020. Bill HR 7295 was introduced during Congress 116 and was introduced to the House on June 22, 2020. Bill HR 7295's most recent activity was Referred to the House Committee on Ways and Means. as of June 22, 2020

Bipartisan Support of Bill HR 7295

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7295

Primary Policy Focus

Taxation

Potential Impact Areas

- Cardiovascular and respiratory health

- Emergency medical services and trauma care

- Higher education

- Income tax credits

- Infectious and parasitic diseases

- Student aid and college costs

- Tax administration and collection, taxpayers

Alternate Title(s) of Bill HR 7295

Student RELIEF Act of 2020

To amend the Internal Revenue Code of 1986 to provide an increase in the amount of the recovery rebates with respect to certain dependents, including students demonstrating significant financial need, and for other purposes.

Student RELIEF Act of 2020

Student Recovery Eligibility for Low-Income Individuals to Exact Funds Act of 2020