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Ending Unemployment Payments to Millionaires: New Rules for Benefits

This act aims to stop federal unemployment benefits for individuals with an adjusted gross income of one million dollars or more per year. This means if your income exceeds this threshold, you will not be eligible for financial support due to unemployment. All applicants for unemployment compensation will need to certify that they are not subject to this prohibition, and their certifications will be auditable.
Key points
Individuals with an adjusted gross income of $1,000,000 or more will not receive federal unemployment compensation.
Applicants for unemployment benefits must certify they are not millionaires; these certifications will be audited.
The changes apply to weeks of unemployment beginning on or after the act's enactment date.
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Additional Information
Print number: 118_HR_6779
Sponsor: Rep. Curtis, John R. [R-UT-3]
Process start date: 2023-12-14