US Codex
Bill
Notes

Title II — Tax Withholding Option for Unemployment Benefits

S. 4935 · 116th Congress · Nov 30, 2020 · Lineage

II Tax Withholding Option for Unemployment Benefits

Sec. 201 Application of FUTA requirement to permit individuals to request that Federal income tax be withheld

(a)
Pandemic Unemployment Assistance— Section 2102(f) of division A of the CARES Act (15 U.S.C. 9021(f)) is amended by adding at the end the following:

“(4) Application of FUTA requirement to permit individuals to request that Federal income tax be withheld—Beginning 30 days after the date of enactment of this paragraph, any agreement under this subsection shall provide that the requirement under section 3304(a)(18) of the Internal Revenue Code of 1986 shall apply to assistance payable under this section in the same manner as such requirement applies to unemployment compensation payable under State law.”

(b)
Federal Pandemic Unemployment Compensation— Section 2104(b) of division A of the CARES Act (15 U.S.C. 9023(b)) is amended by adding at the end the following new paragraph:

“(3) Application of FUTA requirement to permit individuals to request that Federal income tax be withheld—Beginning 30 days after the date of enactment of this paragraph, any agreement under this section shall provide that the requirement under section 3304(a)(18) of the Internal Revenue Code of 1986 shall apply to compensation payable under this section in the same manner as such requirement applies to unemployment compensation payable under State law.”

(c)
Pandemic emergency unemployment compensation— Section 2107(a) of division A of the CARES Act (15 U.S.C. 9025(a)) is amended by adding at the end the following new paragraph:

“(8) Application of FUTA requirement to permit individuals to request that Federal income tax be withheld—Beginning 30 days after the date of enactment of this paragraph, any agreement under this section shall provide that the requirement under section 3304(a)(18) of the Internal Revenue Code of 1986 shall apply to compensation payable under this section in the same manner as such requirement applies to unemployment compensation payable under State law.”