Last progress May 20, 2025 (6 months ago)
Introduced on May 20, 2025 by Jennifer Kiggans
Referred to the House Committee on Ways and Means.
This bill would make military bonuses tax-free. It changes the federal tax code so that these bonuses are not counted as part of your income on your tax return. This means service members who get a bonus would keep more of that money instead of paying federal income tax on it.
The change would start with the 2025 tax year and apply to years after that.