A bill to amend the Internal Revenue Code of 1954 to eliminate the requirement that States reduce the amount of unemployment compensation payable for any week by the amount of certain retirement benefits and to prohibit any reduction in unemployment compensation because of the receipt of social security or railroad retirement benefits.

Amends the Internal Revenue Code to: (1) eliminate the requirement that States reduce the amount of unemployment compensation payable for any week to an eligible individual by the amount of certain retirement benefits received by such individual; and (2) prohibit States from reducing unemployment compensation payable to an individual because of amounts received under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act or the Railroad Retirement Act of 1974.