CONGRESS FOR VOTERS

RepublicanBill · H.R. 1959· House(119-HR-1959)

To amend the Internal Revenue Code of 1986 to protect small businesses from unemployment insurance premium increases by reason of unrepaid State advances.

Rep. Tenney
Age: 65 years
New York
Introduced
3/6/2025
Last activity
3/6/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
Claudia Tenney
Cosponsors
Republican - 1Democrat - 0
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill aims to amend the Internal Revenue Code of 1986. The primary goal is to protect small businesses from increases in unemployment insurance premiums. These increases would otherwise be caused by unrepaid State advances. The protection applies to taxpayers defined as a specified small business. A specified small business is defined as one employing fewer than 500 employees.

Yes

  • Does this cut taxes for small businesses?+5

    The bill protects small businesses with fewer than 500 employees from unemployment insurance premium increases caused by unrepaid state advances.

  • Does this make it easier to run a small business?+5

    The bill provides direct relief to small businesses by preventing their unemployment insurance premiums from rising due to state advances.

  • Would business owners be better off under this?+5

    The bill provides financial relief to business owners of companies with fewer than 500 employees by shielding them from premium hikes.

The opposite

  • Would union members be better off under this?-2

    By shielding employers from premium increases, the bill may indirectly reduce the pressure on employers to contribute more to unemployment insurance funds.