Suspension of Federal Income Tax on Unemployment Benefits Act of 2008

Suspension of Federal Income Tax on Unemployment Benefits Act of 2008 - Amends the Internal Revenue Code to suspend, for taxable years beginning after December 31, 2007, and before January 1, 2010, the taxation of unemployment compensation.

[Congressional Bills 110th Congress]
[From the U.S. Government Printing Office]
[H.R. 6844 Introduced in House (IH)]







110th CONGRESS
  2d Session
                                H. R. 6844

 To amend the Internal Revenue Code of 1986 to suspend the taxation of 
                 unemployment compensation for 2 years.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 9, 2008

Mr. McHugh (for himself, Mr. Kuhl of New York, and Mr. Paul) introduced 
  the following bill; which was referred to the Committee on Ways and 
                                 Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to suspend the taxation of 
                 unemployment compensation for 2 years.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Suspension of Federal Income Tax on 
Unemployment Benefits Act of 2008''.

SEC. 2. SUSPENSION OF TAX ON UNEMPLOYMENT COMPENSATION.

    (a) In General.--Section 85 of the Internal Revenue Code of 1986 
(relating to unemployment compensation) is amended by adding at the end 
the following new subsection:
    ``(c) Temporary Suspension.--Subsection (a) shall not apply to 
taxable years beginning after December 31, 2007, and before January 1, 
2010.''.
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