S.310 - Ending Unemployment Payments to Jobless Millionaires Act of 2011112th Congress (2011-2012)
Summary: S.310 — 112th Congress (2011-2012)
Introduced in Senate (02/08/2011)
Ending Unemployment Payments to Jobless Millionaires Act of 2011 - Prohibits federal funds from being used to make payments of unemployment compensation (including such compensation under the Federal-State Extended Compensation Act of 1970 and the emergency unemployment compensation program under the Supplemental Appropriations Act, 2008) to an individual whose resources in the preceding year were at least $1 million.
Requires an individual's resources to be determined in the same manner as a subsidy eligible individual's resources are determined under the alternative resource standard of the Social Security Act.