I 119THCONGRESS 1 STSESSION H. R. 2655 To amend the Internal Revenue Code of 1986 to sunset the Federal income tax on unemployment compensation. IN THE HOUSE OF REPRESENTATIVES APRIL3, 2025 Mr. T HANEDAR(for himself, Mr. JOHNSONof Georgia, Mrs. FOUSHEE, Ms. N ORTON, and Ms. BYNUM) introduced the following bill; which was re- ferred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to sunset the Federal income tax on unemployment compensation. Be it enacted by the Senate and House of Representa-1 tives of the United States of America in Congress assembled, 2 SECTION 1. TERMINATION OF TAX ON UNEMPLOYMENT 3 COMPENSATION. 4 (a) I NGENERAL.—Section 85 of the Internal Rev-5 enue Code of 1986 is amended by striking subsection (c) 6 and inserting the following new subsection: 7 ‘‘(c) T ERMINATION OF INCLUSION INGROSSIN-8 COME.—This section shall not apply to taxable years be-9 ginning after December 31, 2024.’’. 10 VerDate Sep 11 2014 02:30 Apr 11, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2655.IH H2655 ssavage on LAPJG3WLY3PROD with BILLS 2 •HR 2655 IH (b) EFFECTIVEDATE.—The amendment made by 1 this section shall apply to amounts received after Decem-2 ber 31, 2024, in taxable years ending after such date. 3 Æ VerDate Sep 11 2014 02:30 Apr 11, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H2655.IH H2655 ssavage on LAPJG3WLY3PROD with BILLS