H.R. 6695, Excluding Pandemic Unemployment Compensation from Income Act (May 1, 2020)
Summary
H.R. 6695, the Excluding Pandemic Unemployment Compensation from Income Act, was introduced in the House of Representatives on May 1, 2020, by Ms. Velázquez and referred to the Committee on Ways and Means. Section 2 provides that gross income shall not include the additional amount of $600 that a taxpayer receives under the CARES Act. It also provides that this $600 is treated in the same manner as a refund under the Internal Revenue Code for purposes of section 6409. The exclusion applies to taxable years ending after the date of enactment of the CARES Act.
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Cite this document
“H.R. 6695, Excluding Pandemic Unemployment Compensation from Income Act (May 1, 2020).”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116hr6695ih-bills-116hr6695ih/
, SHA-256 ccaaf01a1c468cd3f02e696c480f387cd8ba3214a1e20bb336af1cd8953069d8.Full text
I
116TH CONGRESS
2D SESSION
H. R. 6695
To exclude from tax certain payments of Federal pandemic unemployment
compensation, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
MAY 1, 2020
Ms. VELÁZQUEZ (for herself, Mr. CICILLINE, Mr. TONKO, Mrs. DEMINGS, Mr.
ESPAILLAT, Mr. GRIJALVA, Ms. OCASIO-CORTEZ, Mr. COX of California,
Mr. HASTINGS, Mr. ROSE of New York, Ms. JAYAPAL, Ms. MENG, Mr.
POCAN, Mr. CISNEROS, Mr. VEASEY, Ms. NORTON, Mr. SUOZZI, Ms.
SPEIER, Ms. PRESSLEY, Mr. GONZALEZ of Texas, Ms. TLAIB, Mr. KEN-
NEDY, Mrs. TRAHAN, Mr. NADLER, Mr. SIRES, Ms. CLARKE of New
York, and Mr. CÁRDENAS) introduced the following bill; which was re-
ferred to the Committee on Ways and Means
A BILL
To exclude from tax certain payments of Federal pandemic
unemployment compensation, and for other purposes.
1 Be it enacted by the Senate and House of Representa-
2 tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE.
4 This Act may be cited as the ‘‘Excluding Pandemic
5 Unemployment Compensation from Income Act’’.
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2
1 SEC. 2. CERTAIN PAYMENTS OF FEDERAL PANDEMIC UN-
2 EMPLOYMENT COMPENSATION NOT INCLUD-
3 IBLE IN GROSS INCOME OR TAKEN INTO AC-
4 COUNT IN DETERMINING CERTAIN MEANS-
5 TESTED BENEFITS.
6 (a) EXCLUSION FROM GROSS INCOME.—For pur-
7 poses of the Internal Revenue Code of 1986, gross income
8 shall not include the additional amount of $600 referred
9 to in section 2104(b)(1)(B) of the CARES Act which is
10 received by the taxpayer pursuant to section 2102, 2104,
11 or 2107 of such Act.
12 (b) DISREGARDED IN THE ADMINISTRATION OF FED-
13 ERAL PROGRAMS AND FEDERALLY ASSISTED PRO-
14 GRAMS.—For purposes of section 6409 of the Internal
15 Revenue Code of 1986, any additional amount of $600
16 to which subsection (a) applies shall be treated in the same
17 manner as a refund under such Code.
18 (c) EFFECTIVE DATES.—
19 (1) EXCLUSION.—Subsection (a) shall apply to
20 taxable years ending after the date of the enactment
21 of the CARES Act.
22 (2) DISREGARD.—Subsection (b) shall apply to
23 amounts received after the date of the enactment of
24 the CARES Act.
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