,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #gcej  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #ca1 #bjbb,mr4   
,?ompson ( ,cali=nia 7= himself1 ,ms4   
,e%oo1 ,mr4 ,l[5?al1 ,mr4 ,swalwell1    
,ms4 ,br[nley1 ,ms4 ,*u1 ,ms4 ,port]1   
,ms4 ,roybal-,all>d1 ,mr4 ,panetta1 ,ms4
 ,matsui1 ,ms4 ,b>ragn1 & ,ms4 ,bass7   
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to exempt c]ta9 late      
unemploym5t paym5ts f taxation4  #a4    
,special rule = late unemploym5t        
comp5sation paym5ts  7a7 ,9 g5]al       
,section #he7;c7 ( ! ,int]nal ,rev5ue   
,code ( #aihf is am5d$ by r$esignat+    
p>agraph 7#b7 z p>agraph 7#d7 & by      
ins]t+ aft] p>agraph 7#a7 ! foll[+ new  
p>agraphs3  7#b7 ,special rule = delay$ 
#bjbj unemploym5t comp5sation ,9 ! case 
( any taxable ye> beg9n+ 9 #bjba1 if a  
taxpay] is issu$ an unemploym5t         
comp5sation paym5t ) respect to cal5d>  
ye> #bjbj b su* paym5t is n receiv$ by !

 taxpay] until #bjba1 ! gross income (  
su* taxpay] %all n include s mu* ( !    
unemploym5t comp5sation receiv$ by su*  
taxpay] z does n exce$ #aj1bjj4  7#c7   
#aj1bjj aggregate limitation ,! total   
am\nt exclud$ f gross income ) respect  
to a taxpay] "u ?is subsection = all    
taxable ye>s %all n exce$ #aj1bjj4  4   
7b7 ,con=m+ am5dm5t ,p>agraph 7#d7 (    
section #he7;c7 ( ! ,int]nal ,rev5ue    
,code ( #aihf 7z r$esignat$ by ?is      
section7 is am5d$ by /rik+ p>agraph 7#a7
 & ins]t+ p>agraphs 7#a7 & 7#b74  7c7   
,effective date ,! am5dm5t made by ?is  
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjbj4