HR 569
112th CONGRESS
1st Session
H. R. 569
To end unemployment payments to jobless millionaires.
IN THE HOUSE OF REPRESENTATIVES
February 9, 2011
Mr. LANKFORD introduced the following bill; which was referred to the Committee
on Ways and Means
A BILL
To end unemployment payments to jobless millionaires.
Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Ending Unemployment Payments to Jobless Millionaires
Act of 2011'.
SEC. 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 and
the emergency unemployment compensation program under title IV of the Supplemental
Appropriations Act, 2008) in a year to an individual whose resources in the
preceding year was equal to or greater than $1,000,000. For purposes of the
preceding sentence, with respect to a year, an individual's resources shall
be determined in the same manner as a subsidy eligible individual's resources
are determined for the year under section 1860D-14(a)(3)(E) of the Social
Security Act (42 U.S.C. 1395w-114(a)(3)(E)).
(b) 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.
END
