Federal RuleAug 21
62
DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
119-hr-3515119th CongressWALLET
To amend the Internal Revenue Code of 1986 to exclude military bonuses from gross income.
Sponsored By: Representative Kiggans, Jennifer A. [R-VA-2]
Introduced
Summary
Excludes military bonuses from gross income. This bill would amend section 134(a) of the Internal Revenue Code to add bonuses paid to members of the uniformed services under chapter 5 of title 37, United States Code to the list of excluded amounts while keeping existing qualified military benefits excluded. The change would let eligible service members exclude those chapter 5 bonuses from gross income for tax years beginning after December 31, 2024, lowering taxable income for recipients.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Tax break for military bonuses
If enacted, members of the uniformed services who get a chapter 5 bonus could exclude it from federal taxable income. This would lower the tax you owe on that bonus. It would apply to tax years beginning after December 31, 2024. The bill would keep the current exclusion for other qualified military benefits.
Sponsors & CoSponsors
Sponsor
Kiggans, Jennifer A. [R-VA-2]
VA • R
Cosponsors
Rep. Bishop, Sanford D. [D-GA-2]
GA • D
Sponsored 5/20/2025
Rep. Hamadeh, Abraham J. [R-AZ-8]
AZ • R
Sponsored 6/26/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov