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I
117TH CONGRESS
1ST SESSION
H. R. 435
To exclude from tax certain payments of Federal pandemic unemployment
compensation, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
JANUARY 21, 2021
Ms. VELA´ZQUEZ (for herself, Ms. NORTON, Ms. WILLIAMS of Georgia, Mr.
SMITH of Washington, Ms. JAYAPAL, Mr. MEEKS, Mr. WELCH, Ms.
SCHAKOWSKY, Ms. KAPTUR, Ms. TLAIB, Ms. WILD, Ms. NEWMAN, Ms.
LEE of California, Ms. MENG, and Mr. NADLER) introduced the following
bill; which was referred to the Committee on Ways and Means
A BILL
To exclude from tax certain payments of Federal pandemic
unemployment compensation, and for other purposes.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘Excluding Pandemic
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Unemployment Compensation from Income Act’’.
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•HR 435 IH
SEC. 2. CERTAIN PAYMENTS OF FEDERAL PANDEMIC UN-
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EMPLOYMENT COMPENSATION NOT INCLUD-
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IBLE IN GROSS INCOME OR TAKEN INTO AC-
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COUNT IN DETERMINING CERTAIN MEANS-
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TESTED BENEFITS.
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(a) EXCLUSION FROM GROSS INCOME.—For pur-
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poses of the Internal Revenue Code of 1986, gross income
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shall not include the amount specified in section
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2104(b)(3) of the CARES Act to the extent such amount
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is received by the taxpayer pursuant to section 2102,
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2104, or 2107 of such Act.
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(b) DISREGARDED IN THE ADMINISTRATION OF FED-
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ERAL
PROGRAMS
AND
FEDERALLY
ASSISTED
PRO-
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GRAMS.—For purposes of section 6409 of the Internal
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Revenue Code of 1986, any amount excluded from gross
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income under subsection (a) shall be treated in the same
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manner as a refund under such Code.
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(c) EFFECTIVE DATES.—
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(1) EXCLUSION.—Subsection (a) shall apply to
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taxable years ending after the date of the enactment
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of the CARES Act.
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(2) DISREGARD.—Subsection (b) shall apply to
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amounts received after the date of the enactment of
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the CARES Act.
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Æ
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