S. 5148 — Introduced in Senate

II 117th CONGRESS 2d Session S. 5148 IN THE SENATE OF THE UNITED STATES November 30 (legislative day, November 29), 2022Ms. Ernst (for herself, Mr. Tester, and Mr. Braun) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To end unemployment payments to jobless millionaires. 1. Short title This Act may be cited as the Ending Unemployment Payments to Jobless Millionaires Act of 2022. 2. Ending unemployment payments to jobless millionaires (a) Prohibition Notwithstanding any other provision of law, no Federal funds may be used to make payments of unemployment compensation (including such compensation under the Federal-State Extended Compensation Act of 1970) in a year to an individual whose adjusted gross income is equal to or greater than $1,000,000. (b) Compliance Any application for unemployment compensation shall include a form or procedure for an individual applicant to certify that such individual is not prohibited from receiving unemployment compensation pursuant to subsection (a). (c) Audits The certifications required by subsection (b) shall be auditable by the Department of Labor or the Government Accountability Office. (d) Effective date The prohibition under subsection (a) shall apply to weeks of unemployment beginning on or after the date of the enactment of this Act.