[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2254 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 2254

 To amend the Internal Revenue Code of 1986 to repeal the inclusion in 
               gross income of unemployment compensation.


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                    IN THE HOUSE OF REPRESENTATIVES

                             June 20, 2001

   Mr. English (for himself, Mr. Rangel, Mr. Green of Wisconsin, Mr. 
Strickland, and Mrs. Thurman) 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 repeal the inclusion in 
               gross income of unemployment compensation.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Unemployment Tax Repeal Act of 
2001''.

SEC. 2. REPEAL OF TAX ON UNEMPLOYMENT COMPENSATION.

    (a) In General.--Section 85 of the Internal Revenue Code of 1986 is 
hereby repealed.
    (b) Conforming Amendments.--
            (1) Subsection (p) of section 3402 of such Code is amended 
        by striking paragraph (2) and by redesignating paragraph (3) as 
        paragraph (2).
            (2) Section 6050B of such Code (relating to returns 
        relating to unemployment compensation) is hereby repealed.
            (3) The table of sections for part II of subchapter B of 
        chapter 1 of such Code is amended by striking the item relating 
        to section 85.
            (4) The table of sections for subpart B of part III of 
        subchapter A of chapter 61 of such Code is amended by striking 
        the item relating to section 6050B.
    (c) Effective Date.--The amendments made by this section shall 
apply to amounts received after the date of the enactment of this Act.
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