HR 7350
117th Congress
House
Taxation
To amend the Internal Revenue Code of 1986 to exempt certain late unemployment payments from taxation.
Introduced: March 31, 2022
Introduced by:
Thompson, Mike
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 31, 2022
Introduced in House
Mar 31, 2022
Referred to the House Committee on Ways and Means.
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1