summary
Introduced
05/07/2019
05/07/2019
In Committee
05/07/2019
05/07/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Internal Revenue Code of 1986 to exclude certain disability-related first responder retirement payments from gross income. This bill modifies the requirements for calculating taxable income to allow first responders to exclude from gross income certain service-connected disability payments received as part of a pension or annuity. The bill applies to law enforcement officers, firefighters, paramedics, and emergency medical technicians.
AI Summary
This bill amends the Internal Revenue Code of 1986 to allow first responders (law enforcement officers, firefighters, paramedics, and emergency medical technicians) to exclude from their gross income certain service-connected disability payments they receive as part of a pension or annuity. The bill calculates the "annualized excludable disability amount" based on the service-connected disability payments the individual received in the 12 months prior to reaching retirement age. This change applies to taxable years beginning after the date of enactment.
Committee Categories
Budget and Finance
Sponsors (15)
Ralph Norman (R)*,
Tim Burchett (R),
Tom Cole (R),
Chris Collins (R),
Joe Cunningham (D),
Brian Fitzpatrick (R),
Greg Gianforte (R),
Josh Gottheimer (D),
Mark Meadows (R),
Joe Neguse (D),
Bill Pascrell (D),
Dutch Ruppersberger (D),
Mikie Sherrill (D),
Abigail Spanberger (D),
Elise Stefanik (R),
Last Action
Referred to the House Committee on Ways and Means. (on 05/07/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/2560/all-info |
| BillText | https://www.congress.gov/116/bills/hr2560/BILLS-116hr2560ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr2560/BILLS-116hr2560ih.pdf.pdf |
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