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The House of Representatives introduced a new stimulus bill called the Health and Economic Recovery Omnibus Emergency Solutions Act, or the “HEROES Act“. This $3 trillion proposal far exceeds the cost of the $2.2 trillion CARES Act, which is the largest stimulus bill in U.S. history

The HEROES Act includes another stimulus check that would benefit individual taxpayers and their families. It would include another one-time $1,200 payment for individuals who earn up to $75,000. Families could also receive $1,200 for up to three qualified dependents (unlike the $500 payment under the CARES Act). This means some families could receive up to $6,000

The income limits for eligibility are the same as those under the CARES Act:

Single: $75,000

Married Filing Jointly: $150,000

Head of Household: $112,500

There is also a phase-out for incomes
Single: $75,000 through $99,000

Married Filing Jointly: $150,000 through $198,000

Head of Household: $112,500 through $136,500

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