Rep. Velazquez Introduces Legislation to Make Federal Pandemic Unemployment Benefits Tax-Free
January 23, 2021
January 23, 2021
WASHINGTON, Jan. 23 -- Rep. Nydia M. Velazquez, D-New York, issued the following news release:
As the COVID-19 pandemic continues to ravage the economy, Rep. Nydia M. Velazquez (D-NY) has introduced legislation that would exempt Federal Pandemic Unemployment Compensation (FPUC) benefits from counting as taxable income. In the CARES Act, passed in the early months of the pandemic, Congress authorized additional funding for weekly unemployment benefits, and has since extended the prog . . .
As the COVID-19 pandemic continues to ravage the economy, Rep. Nydia M. Velazquez (D-NY) has introduced legislation that would exempt Federal Pandemic Unemployment Compensation (FPUC) benefits from counting as taxable income. In the CARES Act, passed in the early months of the pandemic, Congress authorized additional funding for weekly unemployment benefits, and has since extended the prog . . .