To amend the Internal Revenue Code of 1986 to sunset the Federal income tax on unemployment compensation.

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2655 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 2655

To amend the Internal Revenue Code of 1986 to sunset the Federal income 
                   tax on unemployment compensation.


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 3, 2025

 Mr. Thanedar (for himself, Mr. Johnson of Georgia, Mrs. Foushee, Ms. 
    Norton, and Ms. Bynum) 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 sunset the Federal income 
                   tax on unemployment compensation.

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

SECTION 1. TERMINATION OF TAX ON UNEMPLOYMENT COMPENSATION.

    (a) In General.--Section 85 of the Internal Revenue Code of 1986 is 
amended by striking subsection (c) and inserting the following new 
subsection:
    ``(c) Termination of Inclusion in Gross Income.--This section shall 
not apply to taxable years beginning after December 31, 2024.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to amounts received after December 31, 2024, in taxable years ending 
after such date.
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