Proposed Stimulus Package 2024. The house has passed the democrats’ massive coronavirus relief package, bringing president joe biden’s stimulus proposal one step closer to reality. The proposal would increase the $1,600 limit on refundability to $1,800 for tax year 2023, $1,900 in 2024, and $2,000 in 2025, as well as apply an inflation.

A bigger aid plan is also being made, which would include new $600 stimulus checks and $750 in state tax rebates. The house of representatives has approved the tax relief for american families and workers act of 2024.