Get Second Stimulus Check Approved 2020 Background. If a second stimulus check is approved, the irs is expected to once again separate eligible people into different payment categories to receive as much treasury secretary steven mnuchin has said it would take about a week to process the first payments, when and if another stimulus check is signed. Possible second round of stimulus checks.
— a second stimulus check is coming soon, senate republicans confirmed in a new coronavirus relief plan unveiled monday.
The stimulus checks could reach some people faster the second time around, now that the irs has direct deposit information for more americans more stimulus checks are probably a long shot now, hoagland said. It created a second stimulus check of $1,200 for americans earning less than $75,000 a year plus an additional $1,200 per dependent up to three. However, mcconnell's timeline indicating weeks could potentially push the a democratic plan approved in the house back in may proposed a similar structure for dependents but with the amount being $1,200 instead of $500. Many americans have already received and spent their stimulus checks and are now wondering what's next.