summary
Introduced
05/13/2025
05/13/2025
In Committee
05/13/2025
05/13/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to increase the amount excluded from gross income by reason of distributions from governmental retirement plans for health and long-term care insurance for public safety officers.
AI Summary
This bill, known as the "Public Safety Retirees Healthcare Protection Act of 2025," amends the Internal Revenue Code to increase the amount of money that public safety officers can exclude from their gross income when they receive distributions from governmental retirement plans specifically used for health and long-term care insurance. Currently, public safety officers can exclude $3,000 from their gross income for these types of distributions, and this bill would raise that amount to $6,000. The change would apply to tax years beginning after December 31, 2025, which means the increased exclusion would first be available for the 2026 tax year. By increasing this tax exclusion, the bill aims to provide additional financial support for retired public safety officers by allowing them to use more of their retirement funds for healthcare expenses without incurring additional tax liability.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Referred to the House Committee on Ways and Means. (on 05/13/2025)
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/119th-congress/house-bill/3327/all-info |
| BillText | https://www.congress.gov/119/bills/hr3327/BILLS-119hr3327ih.pdf |
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