1. Short title This Act may be cited as the Emergency Money for the People Act . 2. Emergency payments (a) General rule (1) Directive to make payments The Secretary of the Treasury shall make a payment in each month of the payment period to each eligible individual. (2) Beginning date Payments for the first of such months shall be distributed within 14 days after the date of the enactment of this Act. (3) Payment period The term payment period means the 12-month period beginning with the first month in which the Secretary makes a payment under paragraph (1), unless as of the end of the sixth month of such period the employment-to-population ratio for people ages 16 and over is greater than 60 percent. (4) Form and manner of payments Payments under paragraph (1) shall be made in such form and manner as the Secretary shall provide, except that the Secretary shall— (A) offer the option of receiving payments under this section by direct deposit, check, pre-paid debit card, or electronic transfer of payment through an electronic transfer application that can be used on mobile devices to receive payments; and (B) ensure that payments under this section are made to those without fixed addresses. (b) Eligible individual For purposes of this section— (1) In general The term eligible individual means any individual— (A) who— (i) is a citizen or resident of the United States; or (ii) is described in paragraph (4); (B) who, as of January 1, 2020, has attained the age of 16; and (C) whose adjusted gross income either— (i) does not exceed the threshold amount for the taxable year beginning in 2019