A bill to amend the Internal Revenue Code of 1986 to decrease the distance away from home required for a member of a reserve component of the Armed Forces to be eligible for the above-the-line deduction for travel expenses.
Savings for Servicemembers Act This bill amends the Internal Revenue Code to reduce from 100 miles to 50 miles the distance from home requirement for the tax deduction for the travel expenses of a member of a reserve component of the Armed Forces.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Income tax deductionsMilitary personnel and dependentsNational Guard and reservesTransportation costs
A bill to amend the Internal Revenue Code of 1986 to decrease the distance away from home required for a member of a reserve component of the Armed Forces to be eligible for the above-the-line deduction for travel expenses.
USA115th CongressS-673| Senate
| Updated: 3/21/2017
Savings for Servicemembers Act This bill amends the Internal Revenue Code to reduce from 100 miles to 50 miles the distance from home requirement for the tax deduction for the travel expenses of a member of a reserve component of the Armed Forces.