II
119th CONGRESS
1st Session
S. 1856
IN THE SENATE OF THE UNITED STATES
May 22, 2025
Mr. Blumenthal introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to exclude military bonuses from gross income.
Section 1. Exclusion of military bonuses
(a) In general
Subsection (a) of section 134 of the Internal Revenue Code of 1986 is amended by striking any qualified military benefit
and inserting any bonus paid to a member of the uniformed services under chapter 5 of title 37, United States Code, or any qualified military benefit
.
(b) Effective date
The amendment made by this section shall apply to taxable years beginning after December 31, 2024.