No federal money may pay jobless benefits to a millionaire earner
What the document says“to make payments of unemployment compensation benefits under an unemployment compensation program of the United States in a year to an individual whose wages during the individual's base period are equal to or exceed $1,000,000; or”
The section bars federal funds from being used to pay unemployment compensation under a federal program in a year to someone whose wages in their base period were $1,000,000 or more, and from paying any administrative costs tied to such payments. The bar applies to weeks of unemployment beginning on or after enactment.
What the document actually says“to make payments of unemployment compensation benefits under an unemployment compensation program of the United States in a year to an individual whose wages during the individual's base period are equal to or exceed $1,000,000; or”
No federal money may pay jobless benefits to such a person. Their pay in the base period must be $1 million or more.
The base period is the stretch used to work out a claim. Admin costs for such claims are barred too. The bar starts with weeks from this law on.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.