Summary: H.R.435 — 117th Congress (2021-2022)All Information (Except Text)

There is one summary for H.R.435. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (01/21/2021)

Excluding Pandemic Unemployment Compensation from Income Act

This bill excludes from gross income, for income tax purposes, unemployment compensation paid under provisions of the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act relating to the COVID-19 (i.e., coronavirus disease 2019) pandemic. It also disregards such compensation for purposes of determining eligibility for federally-assisted programs.