,i  #aagth ,,congress  #b;d ,session    
,h4 ,r4 #gcej  ,,in ,,the ,,house ,,of  
,,representatives  ,march #ca1 #bjbb,mr4
 ,thompson of ,california 7for himself1 
,ms4 ,eshoo1 ,mr4 ,lowenthal1 ,mr4      
,swalwell1 ,ms4 ,brownley1 ,ms4 ,chu1   
,ms4 ,porter1 ,ms4 ,roybal-,allard1 ,mr4
 ,panetta1 ,ms4 ,matsui1 ,ms4 ,barragn1 
and ,ms4 ,bass7 introduced the following
 bill2 which was referred to the        
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to exempt certain late  
unemployment payments from taxation4    
#a4 ,special rule for late unemployment 
compensation payments  7a7 ,in general  
,section #he7;c7 of the ,internal       
,revenue ,code of #aihf is amended by   
redesignating paragraph 7#b7 as         
paragraph 7#d7 and by inserting after   
paragraph 7#a7 the following new        
paragraphs3  7#b7 ,special rule for     
delayed #bjbj unemployment compensation 
,in the case of any taxable year        
beginning in #bjba1 if a taxpayer is    

issued an unemployment compensation     
payment with respect to calendar year   
#bjbj but such payment is not received  
by the taxpayer until #bjba1 the gross  
income of such taxpayer shall not       
include so much of the unemployment     
compensation received by such taxpayer  
as does not exceed #aj1bjj4  7#c7       
#aj1bjj aggregate limitation ,the total 
amount excluded from gross income with  
respect to a taxpayer under this        
subsection for all taxable years shall  
not exceed #aj1bjj4  4  7b7 ,conforming 
amendment ,paragraph 7#d7 of section    
#he7;c7 of the ,internal ,revenue ,code 
of #aihf 7as redesignated by this       
section7 is amended by striking         
paragraph 7#a7 and inserting paragraphs 
7#a7 and 7#b74  7c7 ,effective date ,the
 amendment made by this section shall   
apply to taxable years beginning after  
,december #ca1 #bjbj4