Congress 109 - HR 1499 - Heroes Earned Retirement Opportunities Act

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Armed Forces and National Security Income tax Individual retirement accounts Iraq compilation Labor and Employment Military pay Military personnel Tax deductions Taxation

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Summary

(This measure has not been amended since it was passed by the House on May 9, 2006. The summary of that version is repeated here.)

Heroes Earned Retirement Opportunities Act - Amends the Internal Revenue Code to allow members of the Armed Forces to include their combat zone compensation (otherwise excludable from gross income) in their earned income for purposes of determining their allowable tax deduction for contributions to retirement savings plans.

Makes such provisions applicable to: (1) taxable years beginning after December 31, 2003; and (2) retirement savings contributions made for any taxable year beginning after such date and ending before enactment of this Act. Waives any limitation period otherwise applicable to refund claims relating to contributions made in years prior to enactment if such claims are made before one year after such a contribution is made. Allows a three-year period after a contribution is made for the assessment of any tax deficiency relating to such contribution.

Actions

May 29, 2006

Became Public Law No: 109-227.
May 29, 2006

Signed by President.
May 23, 2006

Presented to President.
May 19, 2006

Cleared for White House.
May 19, 2006

Message on Senate action sent to the House.
May 18, 2006

Senate agreed to House amendment to Senate amendment by Unanimous Consent. (consideration: CR S4815-4816; text as House agreed to Senate amendment: CR S4815-4816)
May 18, 2006

Resolving differences -- Senate actions: Senate agreed to House amendment to Senate amendment by Unanimous Consent.(consideration: CR S4815-4816; text as House agreed to Senate amendment: CR S4815-4816)
May 10, 2006

Message on House action received in Senate and at desk: House amendment to Senate amendment.
May 9, 2006

House agreed to Senate amendment with amendment pursuant to H. Res. 803.
May 9, 2006

Resolving differences -- House actions: House agreed to Senate amendment with amendment pursuant to H. Res. 803.
Nov 16, 2005

Message on Senate action sent to the House.
Nov 15, 2005

Passed Senate with an amendment by Unanimous Consent.
Nov 15, 2005

Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Nov 15, 2005

Measure laid before Senate by unanimous consent. (consideration: CR S12871)
Nov 15, 2005

Senate Committee on Finance discharged by Unanimous Consent.
May 24, 2005

Received in the Senate and Read twice and referred to the Committee on Finance.
May 23, 2005

The title of the measure was amended. Agreed to without objection.
May 23, 2005

Motion to reconsider laid on the table Agreed to without objection.
May 23, 2005

On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3712)
May 23, 2005

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H3712)
May 23, 2005

DEBATE - The House proceeded with forty minutes of debate on H.R. 1499.
May 23, 2005

Considered under suspension of the rules. (consideration: CR H3712-3714)
May 23, 2005

Mr. Johnson, Sam moved to suspend the rules and pass the bill, as amended.
Apr 6, 2005

Referred to the House Committee on Ways and Means.
Apr 6, 2005

Introduced in House

Amendments

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