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Proposal:Coronavirus Unemployment Benefits Tax Relief Act

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.
Geographic Scope
National

Description

Coronavirus Unemployment Benefits Tax Relief Act

This bill excludes from employee gross income, for income tax purposes, unemployment compensation received in taxable years beginning in 2020 that does not exceed $10,200.

Bill Title

Coronavirus Unemployment Benefits Tax Relief Act

Linked Goals

Steps

  • 2020-09-24: Read twice and referred to the Committee on Finance. (text: CR S5869)
  • 2020-09-24: Introduced in Senate

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.