HR 2806 · 112th Congress · Taxation
Workforce Fairness and Tax Relief Act of 2011
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2011-08-05)
Plain Language Summary
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Workforce Fairness and Tax Relief Act of 2011 - Amends the Internal Revenue Code to: (1) repeal the inclusion of unemployment compensation in gross income for income tax purposes, (2) exclude from gross income trade adjustment assistance (TAA) provided by the Trade Act of 1974, and (3) allow penalty-free distributions from tax-exempt retirement plans to individuals who have been separated from employment and have received unemployment compensation for 24 consecutive weeks.…
Summarized by Claude AI · Non-partisan · For informational purposes only