Introduced in Senate
Tax Relief for First Responder Beneficiaries Act
SEC. 1. SHORT TITLETrack this section →
This Act may be cited as the Tax Relief for First Responder Beneficiaries Act.
SEC. 2. EXCLUSION OF CERTAIN COMPENSATION RECEIVED BY PUBLIC SAFETY OFFICERS AND THEIR BENEFICIARIESTrack this section →
(a) In general Subparagraph (B) of section 104(a)(6) of the Internal Revenue Code of 1986 is amended by striking surviving dependents and inserting surviving beneficiaries. (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2022.
SEC. 3. SURVIVOR ANNUITY BENEFITS FOR PUBLIC SAFETY OFFICERS AND THEIR BENEFICIARIESTrack this section →
(a) In general Subparagraph (A) of section 101(h)(1) of the Internal Revenue Code of 1986 is amended by striking a child of such officer and inserting a child or a beneficiary of any life insurance policy or benefit plan of such officer. (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2022.