A second round of $1,200 stimulus checks could be coming, thanks to Senate Republicans’ new stimulus proposal.

The terms of the new payments were outlined in the HEALS Act introduced by Senate Majority Leader Mitch McConnell, R-Ky., on Monday. Democrats also called for another round of $1,200 payments in their HEROES Act that was passed by the House in May.

The second set of stimulus checks is one issue both sides of the aisle seem to agree on, as they work to compromise on other items such as expanded unemployment, more government Paycheck Protection Programs loans to small businesses and aid to help schools reopen.

“This is an area, sort of an exception here, where there is broad understanding for the need for these payments,” Garrett Watson, senior policy analyst at the Tax Foundation, said of the stimulus payments.

Much of the size of the payments and scope of who will be eligible is the same in the Republicans’ proposal as the first set of payments authorized by the CARES Act this spring.

“It’s on the little details that things have changed,” said Janet Holtzblatt, senior fellow at the Urban-Brookings Tax Policy Center.

Amounts and phase outs

The amount of the payments and the income thresholds to qualify under the HEALS Act is the same as the first stimulus package. ...