Bill > HR6190

This bill, known as the "Tax Cuts for Veterans Act of 2025," proposes to amend the Internal Revenue Code to completely exclude all military retirement and related benefits from federal income tax. Specifically, the bill would eliminate federal income tax on retired or retainer pay for members of the Armed Forces, as well as monthly compensation, pensions, annuities, and allowances related to disability, combat-related injuries, or death of military personnel. The legislation covers both members of the Armed Forces and other uniformed services, providing a comprehensive tax exemption for military retirement benefits. The bill also makes technical changes to existing tax law, including repealing certain sections of the United States Code related to military retirement pay calculations. These tax exemptions would apply to taxable years beginning after the date of the bill's enactment, effectively providing a significant tax benefit to current and former military service members by allowing them to fully exclude their military-related income from federal taxation.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/6190/all-info