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S. 1856IntroducedSenate · nowHousePresidentLawIn committee
Sec. 1 · S. 1856

Exclusion of military bonuses

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(a) In general Subsection (a) of section 134 of the Internal Revenue Code of 1986 is amended by striking any qualified military benefit and inserting any bonus paid to a member of the uniformed services under chapter 5 of title 37, United States Code, or any qualified military benefit. (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2024.