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S 4713 116th Congress Senate Taxation Income tax exclusion Unemployment

Coronavirus Unemployment Benefits Tax Relief Act

Introduced: September 24, 2020 Introduced by: Durbin, Richard J. Democratic · Illinois See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 24, 2020
Read twice and referred to the Committee on Finance. (text: CR S5869)
Sep 24, 2020
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now September 24, 2020

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

 Committees of jurisdiction 1