REFUNDS DISREGARDED IN THE ADMINISTRATION OF FEDERAL PROGRAMS AND FEDERALLY ASSISTED PROGRAMS.

SEC. 728. REFUNDS DISREGARDED IN THE ADMINISTRATION OF FEDERAL PROGRAMS AND FEDERALLY ASSISTED PROGRAMS.(a) In General.—Subchapter A of chapter 65 is amended by adding at the end the following new section:“SEC. 6409. REFUNDS DISREGARDED IN THE ADMINISTRATION OF FEDERAL PROGRAMS AND FEDERALLY ASSISTED PROGRAMS.“(a) In General.—Notwithstanding any other provision of law, any refund (or advance payment with respect to a refundable credit) made to any individual under this title shall not be taken into account as income, and shall not be taken into account as resources for a period of 12 months from receipt, for purposes of determining the eligibility of such individual (or any other individual) for benefits or assistance (or the amount or extent of benefits or assistance) under any Federal program or under any State or local program financed in whole or in part with Federal funds.“(b) Termination.—Subsection (a) shall not apply to any amount received after December 31, 2012.” .(b) Clerical Amendment.—The table of sections for such subchapter is amended by adding at the end the following new item: “Sec. 6409. Refunds disregarded in the administration of Federal programs and federally assisted programs.”. (c) Effective Date.—The amendments made by this section shall apply to amounts received after December 31, 2009.