S.310 - Ending Unemployment Payments to Jobless Millionaires Act of 2011112th Congress (2011-2012)
|Sponsor:||Sen. Coburn, Tom [R-OK] (Introduced 02/08/2011)|
|Committees:||Senate - Finance|
|Latest Action:||02/08/2011 Read twice and referred to the Committee on Finance. (All Actions)|
This bill has the status Introduced
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Summary: S.310 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in Senate (02/08/2011)
Ending Unemployment Payments to Jobless Millionaires Act of 2011 - Prohibits federal funds from being used to make payments of unemployment compensation (including such compensation under the Federal-State Extended Compensation Act of 1970 and the emergency unemployment compensation program under the Supplemental Appropriations Act, 2008) to an individual whose resources in the preceding year were at least $1 million.
Requires an individual's resources to be determined in the same manner as a subsidy eligible individual's resources are determined under the alternative resource standard of the Social Security Act.