US HB2263 | 2011-2012 | 112th Congress


Status

June 21 2011 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Unemployed Tax Relief Act of 2011 - Amends the Internal Revenue Code to exclude from the gross income of an employee who is separated from employment due to a reduction in force the last regular payment of wages prior to such separation and any severance pay received in connection with such separation. Exempts such wages and severance pay from employment-related taxation. Requires transfers from the Treasury to employment-related trust funds to compensate for revenues lost by such trust funds due to this Act.

Tracking Information

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Title

Unemployed Tax Relief Act of 2011

Sponsors


History

DateChamberAction
2011-06-21HouseReferred to the House Committee on Ways and Means.
2011-06-21HouseSponsor introductory remarks on measure. (CR E1150)

Subjects


US Congress State Sources


Bill Comments

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