HEALS Act vs. HEROES Act: What’s the Difference in the Amount of Your Second Stimulus Check? | Personal-finance

HEALS Act vs. HEROES Act: What's the Difference in the Amount of Your Second Stimulus Check?

If you’re waiting for a second stimulus check, you may be heartened by the fact that two competing legislative proposals would provide you with another direct payment.

One, put forth by Kentucky Republican and senate majority leader Mitch McConnell, is called the Health, Economic Assistance, Liability Protection and Schools Act, or HEALS Act. The other, the Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES Act) was passed by the U.S. House of Representatives, with votes in favor coming from the Democrats who control the chamber.

With these two competing bills on the table, lawmakers haven’t been able to come to an agreement yet on how to provide more COVID-19 money or who should receive it. And with the Senate now on recess, it may be September before lawmakers take action.

For those eager for more relief from Washington, it can be helpful to look at what each bill would offer so you can get an idea of the amount of money you may get in a second stimulus check — if one comes at all.

Image source: Getty Images.

Here’s how much your second stimulus check would be under the HEALS Act

The HEALS Act would provide most people with a stimulus check that’s the same size as the one they received the first time under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). That means your COVID-19 money would equal up to:

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