S 725
118th Congress
Senate
Armed Forces and National Security
Coast guard
Income tax exclusion
Tax reform and tax simplification
Veterans' pensions and compensation
Coast Guard Combat-Injured Tax Fairness Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 8, 2023
Read twice and referred to the Committee on Finance.
Mar 8, 2023
Introduced in Senate
Plain-English summary
Coast Guard Combat-Injured Tax Fairness Act
This bill extends a tax benefit related to combat-related severance pay to veterans of the Coast Guard. Specifically, severance pay amounts that were withheld for tax purposes from veterans with combat-related injuries must be restored to veterans of the Coast Guard.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1