Stimulus check: when will the IRS send the second payment?

The new HEALS Act proposal presented last week by Senate Republicans includes a second stimulus check for US citizens but is set to face stiff opposition from the Democrats.

Stimulus check: when will the IRS send the second payment?

The CARES Act was signed into law on Friday, March 27, 2020. The very first stimulus checks were paid into people's bank accounts via the IRS over the weekend of the 11 and 12 of April, giving a lag time of about two weeks for the first payments.

The first people to receive the stimulus payments, directly into their bank accounts, were taxpayers who had filed a 2019 or 2020 tax return.

10 of millions of Americans received their direct payment by April 15, that is two and a half weeks after the legislation was signed into law by President Trump.

The fast majority of filers had received their payments directly in the first two weeks after the first payments, by the end of April.


Last Monday (28 July) Senate Majority Leader Mitch McConnell presented the Republicans stimulus proposal, which was presented in the Senate in the afternoon session. The legislation was named the HEALS Act and called for $1 trillion of new funding to help fight the economic effects of Covid-19.

Senate Republican policy luncheon on coronavirus stimulus legislationWashington (United States), 28/07/2020.- US Senate Majority Leader Mitch McConnell delivers remarks to members of the news media following a Republican policy luncheon on Capitol Hill in Washington, DC, USA, 28 July 2020.

The same income criteria for the stimulus checks will be in place as was for the CARES Act  but the HEALS Act proposal will now need to be debated in the US Senate and could potentially be approved and signed as early as August because the goal is to approve the next stimulus package on or before 8 August when Congress goes on summer recess not returning to Washington until 8 September.

If that time early August date were to materialise, the IRS would commence issuing the Economic Impact Payments in a similar time-frame as was experienced wit the first round of checks in late March/early April.