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S 175 117th Congress Senate Taxation Income tax exclusion Unemployment

Coronavirus Unemployment Benefits Tax Relief Act

Introduced: February 2, 2021 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
Feb 2, 2021
Read twice and referred to the Committee on Finance. (text: CR S251)
Feb 2, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

Coronavirus Unemployment Benefits Tax Relief Act

This bill excludes from gross income, for income tax purposes, up to $10,200 of unemployment compensation received by an individual in a taxable year beginning in 2020.

What's happening now February 2, 2021

Read twice and referred to the Committee on Finance. (text: CR S251)

 Committees of jurisdiction 1