SB3523: Ending Unemployment Payments to Jobless Millionaires Act of 2023
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to end unemployment payments to jobless millionaires.
Plain-language summary
This bill would stop unemployed people from getting unemployment benefits if they have more than $1 million in assets. The bill targets wealthy individuals who receive jobless payments despite having significant savings or investments. Unemployment benefits are temporary cash payments to help people between jobs. The bill was introduced in 2023 and is currently in the early stage where it has been formally submitted but not yet reviewed by a .
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SB3523: Ending Unemployment Payments to Jobless Millionaires Act of 2023