This bill would exclude strike benefits from being counted as taxable income for workers. Specifically, it would allow members of labor organizations to receive compensation from their union to replace lost wages during strikes, lockouts, or work stoppages without having to report that money as income on their federal tax returns. The benefits would be available starting January 1, 2027, and the bill also ensures that workers receiving strike benefits can still qualify for the Earned Income Tax Credit. The legislation affects unionized workers who receive payments from their labor organizations during labor disputes and would reduce their tax liability while they are on strike or involved in work stoppages.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.