To amend the Internal Revenue Code of 1986 to exclude from gross income a portion of the compensation received for active service and for inactive-duty training as a member of the Armed Forces.

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Bill Number

HR 1404

Introduced

Mar 8, 2007

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Armed Forces and National Security Income tax Iraq compilation Labor and Employment Military pay Military training Tax exclusion Taxation

Full Text

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Votes

Summary

Amends the Internal Revenue Code to exclude from gross income 2% of the compensation of members of the Armed Forces for active service and inactive-duty training.

Actions

Mar 8, 2007

Referred to the House Committee on Ways and Means.
Mar 8, 2007

Introduced in House

Amendments

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