West Palm Beach, FL – Today, Congresswoman Lois Frankel (FL-21) issued the following statement after Economic Impact Payments started being sent to some Americans.

The payments amount to $1,200 for individuals with salaries up to $75,000, and $2,400 for married couples with combined incomes of up to $150,000, plus $500 per dependent under the age of 17. Individuals with salaries less than $99,000 and joint filers less than $198,000 will receive reduced payments.

“The coronavirus pandemic has impacted our community’s health, economy, and way of life. Today, there is some good news for Americans feeling the burden of this crisis,” said Rep. Frankel. “Most people won’t have to do anything. If you file taxes and the IRS has your bank information, you will get the payment automatically. If you typically receive your refund by check, you can enter your direct deposit information by visiting https://www.irs.gov/coronavirus/economic-impact-payments and clicking “Get My Payment” to receive your payment faster. However, if you haven’t filed taxes in the last two years, there are some additional steps you will need to take. Please visit IRS.gov/coronavirus to submit your bank account information in order to receive this payment as soon as possible.”

The Economic Impact Payments were included as part of the Coronavirus Aid, Relief and Economic Security (CARES) Act, the third piece of legislation Congress passed to address the coronavirus health emergency, mitigate economic damage, and provide for a strong recovery. More legislation in response to the coronavirus pandemic is anticipated in the coming weeks.

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