Loading chat...

MI HR0034

Resolution

Official Source

Status

Introduced

2/11/2021

Primary Sponsor

David Martin

Click for details

Origin

House of Representatives

101st Legislature

AI Summary

  • Calls upon Congress to exempt unemployment income from federal taxation for the 2020 tax year
  • Cites the COVID-19 pandemic and resulting economic downturn as justification, noting that over 3 million Michigan residents filed for unemployment benefits
  • Notes that unemployment benefits are the only income source for many residents and that current federal taxation reduces the amount of assistance available
  • Argues that exempting unemployment from taxation would provide financial relief to struggling families and additional stimulus to the broader economy
  • Directs copies of the resolution be sent to the Speaker of the U.S. House, President of the U.S. Senate, and Michigan's congressional delegation

Legislative Description

A resolution to memorialize the Congress of the United States to exempt unemployment income from taxable income for the 2020 tax year.

Last Action

Referred To Committee On Tax Policy

2/11/2021

Committee Referrals

Tax Policy2/11/2021

Full Bill Text

No bill text available