[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3687 Introduced in House (IH)]







107th CONGRESS
  2d Session
                                H. R. 3687

  To amend the Internal Revenue Code of 1986 to exclude unemployment 
                    compensation from gross income.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 6, 2002

  Mr. Gekas 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 exclude unemployment 
                    compensation from gross income.

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

SECTION 1. EXCLUSION FROM INCOME OF UNEMPLOYMENT COMPENSATION.

    (a) In General.--Section 85 of the Internal Revenue Code of 1986 
(relating to inclusion of unemployment compensation in gross income) is 
hereby repealed.
    (b) Clerical Amendment.--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.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2000.
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