To amend the Internal Revenue Code of 1986 to exclude strike benefits from gross income.

Bill: 118-hr-5911
Sponsor: full_name: Rep. Thanedar, Shri [D-MI-13]
Introduced: 2023-10-06
Policy area: Taxation
Latest action: action_date: 2023-10-25
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2023-10-06
action_desc: Introduced in House
text: <p>This bill excludes from gross income, for income tax purposes, compensation paid to a labor union worker if such compensation is a replacement for wages not received by such worker due to a labor dispute (i.e., strike).</p>

tv_txt: I 118th CONGRESS 1st Session H. R. 5911 IN THE HOUSE OF REPRESENTATIVES October 6, 2023 Mr. Thanedar (for himself and Ms. Tlaib ) introduced the following bill October 25, 2023 Referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to exclude strike benefits from gross income.

1. Strike benefits (a) In general Part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: 139J. Compensation for lost wages relating to a strike In the case of an individual, gross income shall not include compensation provided to a member of a labor organization described in section 501(c)(5) if such compensation is provided as a replacement for compensation not received by such member from such member’s employer as the result of a strike. . (b) Clerical amendment The table of sections for part III of subchapter B of chapter 1 of such Code is amended by inserting the following new item after the item relating to section 139I: Sec. 139J. Compensation for lost wages relating to a strike. . (c) Effective date The amendments made by this section shall apply to compensation received after January 1, 2023.