UPDATE 5/28: No decision today on “The American Jobs and Closing Tax Loopholes Act.” From the Office of the Clerk: “The House adjourned pursuant to H. Con. Res. 282. The next meeting is scheduled for 2:00 p.m. on June 8, 2010.”
This means that the programs funding the Extended Benefits, Emergency Unemployment Compensation, and the $25 weekly stimulus payment will terminate, as originally scheduled, on May 31. H.R. 4213 proposes extending these programs through November of 2010. See page 12 of the summary provided by the House Ways and Means Committee.
Please note that this affects unemployed individuals differently, depending on state of residence, current unemployment tier and a number of other factors.
Please check the links below for details on H.R. 4213 and related discussions.
(Expired updates deleted by author)
UPDATE 5/21 9:36 a.m. PDT: From the Office of the Clerk, U.S. House of Representatives, follow today’s proceedings as they are recorded. There is also a selection of live video, audio and podcast feeds.
The House Committee on Ways and Means is discussing H.R.4213 this week. This bill, called “The American Jobs and Closing Tax Loopholes Act,” would extend the current unemployment benefits program through the end of 2010. It also seeks to eliminate the dramatic loss of benefits incurred by some claimants taking on temp work as they seek permanent, full time employment.
A summary of the bill can be found here, with the issues in this post detailed on p. 12.
As of today (5/20/10), the $25 weekly emergency supplement, along with Emergency Unemployment Compensation and the Federal Extended Benefits (EB) are scheduled to expire at the end of the month (May 31, 2010).
Please note that this bill does not add extra weeks of employment (no Tier Five) for the millions of 99ers. It simply extends those aspects of the current program which are due to expire in a couple of weeks.