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To amend the Internal Revenue Code of 1986 to exempt certain late unemployment payments from taxation.

USA117th CongressHR-7350| House 
| Updated: 3/31/2022
Mike Thompson

Mike Thompson

Democratic Representative

California

Cosponsors (15)
Jared Huffman (Democratic)Adam B. Schiff (Democratic)Karen Bass (Democratic)Jimmy Panetta (Democratic)Eric Swalwell (Democratic)Lucille Roybal-Allard (Democratic)Ted Lieu (Democratic)Alan S. Lowenthal (Democratic)Doris O. Matsui (Democratic)Anna G. Eshoo (Democratic)Jim Costa (Democratic)Julia Brownley (Democratic)Nanette Diaz Barragán (Democratic)Katie Porter (Democratic)Judy Chu (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill excludes from the gross income of a taxpayer up to $10,200 in unemployment compensation issued to the taxpayer for calendar year 2020, but not received until 2021. This exclusion applies to taxable years beginning after December 31, 2020.
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Timeline
Mar 31, 2022
Introduced in House
Mar 31, 2022
Referred to the House Committee on Ways and Means.
  • March 31, 2022
    Introduced in House


  • March 31, 2022
    Referred to the House Committee on Ways and Means.

Taxation

To amend the Internal Revenue Code of 1986 to exempt certain late unemployment payments from taxation.

USA117th CongressHR-7350| House 
| Updated: 3/31/2022
This bill excludes from the gross income of a taxpayer up to $10,200 in unemployment compensation issued to the taxpayer for calendar year 2020, but not received until 2021. This exclusion applies to taxable years beginning after December 31, 2020.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 31, 2022
Introduced in House
Mar 31, 2022
Referred to the House Committee on Ways and Means.
  • March 31, 2022
    Introduced in House


  • March 31, 2022
    Referred to the House Committee on Ways and Means.
Mike Thompson

Mike Thompson

Democratic Representative

California

Cosponsors (15)
Jared Huffman (Democratic)Adam B. Schiff (Democratic)Karen Bass (Democratic)Jimmy Panetta (Democratic)Eric Swalwell (Democratic)Lucille Roybal-Allard (Democratic)Ted Lieu (Democratic)Alan S. Lowenthal (Democratic)Doris O. Matsui (Democratic)Anna G. Eshoo (Democratic)Jim Costa (Democratic)Julia Brownley (Democratic)Nanette Diaz Barragán (Democratic)Katie Porter (Democratic)Judy Chu (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted