((a)) For exemption of—

((1)) Allowances and expenditures to meet losses sustained by persons serving the United States abroad, due to appreciation of foreign currencies, see , United States Code.

((2)) Benefits under laws administered by the Department of Veterans Affairs, see , United States Code.

((3)) Earnings of ship contractors deposited in special reserve funds, see , United States Code.

((4)) Income derived from Federal Reserve banks, including capital stock and surplus, see section 7 of the Federal Reserve Act ().

((5)) Special pensions of persons on Army and Navy medal of honor roll, see –(c).

((b)) For extension of military income tax-exemption benefits to commissioned officers of Public Health Service in certain circumstances, see section 212 of the Public Health Service Act ().