H.R. 2655IntroducedHouse · nowSenatePresidentLawIn committeeSec. 1 · H.R. 2655
Termination of tax on unemployment compensation
Read this section in the full bill →
This section appears in one version only, so there is nothing to compare yet.
(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.