Ask AI
S. 4713

Coronavirus Unemployment Benefits Tax Relief Act

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.

Read twice and referred to the Committee on Finance. (text: CR S5869)

Sen. Durbin, Richard J. [D-IL](D-IL)Sponsor
4 cosponsors4 D
4cosponsors1committees2actions2subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance. (text: CR S5869)

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Coronavirus Unemployment Benefits Tax Relief Act — Informed