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HR.2655 · 119TH CONGRESS

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

Status
In Committee
Latest Action
2025-04-03
Sponsor
Thanedar, Shri (D-Michigan)
Official Source
Investability
64/100
Stage
COMMITTEE
Related Bills
0
Full Text
1,168 chars
Alive
Yes

What This Bill Does · Plain English

Summary
Plain-English summary not yet available for this bill. Check back after our next analysis run.

Action Timeline

2025-04-03
Referred to the House Committee on Ways and Means.
2025-04-03
Introduced in House
2025-04-03
Introduced in House

Frequently Asked Questions

Did HR.2655 pass?
HR.2655 is still alive. Current stage: COMMITTEE. Pass likelihood: 64%.
Who sponsored HR.2655?
HR.2655 was sponsored by Shri Thanedar (D-Michigan).

Full Bill Text

119 HR 2655 IH: To amend the Internal Revenue Code of 1986 to sunset the Federal income tax on unemployment compensation. U.S. House of Representatives 2025-04-03 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 2655 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. 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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Bill text sourced from GovInfo.gov · public domain · last updated 2026-07-29. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]