To save at least $20 million annually by ending federal unemployment payments to jobless millionaires and billionaires.

SA 281. Mr. COBURN (for himself, Mr. Tester, Mr. Udall of Colorado,
and Mr. McCain) submitted an amendment intended to be proposed by him
to the bill S. 493, to reauthorize and improve the SBIR and STTR
programs, and for other purposes; which was ordered to lie on the
table; as follows:

At the end of title V, add the following:

SEC. __. ENDING UNEMPLOYMENT PAYMENTS TO JOBLESS MILLIONAIRES
AND BILLIONAIRES.

(a) Prohibition.--Notwithstanding any other provision of
law, no Federal funds may be 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 title IV of
the Supplemental Appropriations Act, 2008) to an individual
whose adjusted gross income in the preceding year was equal
to or greater than $1,000,000.
(b) Compliance.--Unemployment Insurance applications shall
include a form or procedure for an individual applicant to
certify the individual's adjusted gross income was not equal
to or greater than $1,000,000 in the preceding year.
(c) Audits.--The certifications required by (b) shall be
auditable by the U.S. Department of Labor or the U.S.
Government Accountability Office.
(d) Status of Applicants.--It is the duty of the states to
verify the residency, employment, legal, and income status of
applicants for Unemployment Insurance and no federal funds
may be expended for purposes of determining an individual's
eligibility under this Act.
(e) Effective Date.--The prohibition under subsection (a)
shall apply to weeks of unemployment beginning on or after
the date of the enactment of this Act.
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