The bill would exclude from gross income any amount earned by an active-duty member of the Armed Forces. The change would apply to income earned after the second October 1 following the bill’s enactment.
If enacted, the bill would change how active-duty service members’ earnings are treated for federal income tax purposes. It does not cover other people’s income.
No publicly available information about costs or a revenue estimate.
No publicly available information.
No publicly available information.