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119th CongressH. R. 2655

Introduced in House

To amend the Internal Revenue Code of 1986 to sunset the Federal income tax on unemployment compensation.

SEC. 1. TERMINATION OF TAX ON UNEMPLOYMENT COMPENSATIONTrack this section →

(a) In general Section 85 of the Internal Revenue Code of 1986 is amended by striking subsection (c) and inserting the following new subsection: (c) Termination of inclusion in gross income This section shall not apply to taxable years beginning after December 31, 2024.. (b) Effective date The amendment made by this section shall apply to amounts received after December 31, 2024, in taxable years ending after such date.

•HR 2655 IHText from GovInfo
H.R. 2655 full text: To amend the Internal Revenue Code of 1986 to sunset the Federal income tax on unemployment compensation. · Public Law Tracker