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S. 837

Savings for Ser­vice­mem­bers Act

Savings for Servicemembers Act

This bill reduces from 100 miles to 50 miles 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 tax deduction for travel expenses. (Above-the-line tax deductions are subtracted from gross income to arrive at adjusted gross income.)

Read twice and referred to the Committee on Finance.

Sen. Klobuchar, Amy [D-MN](D-MN)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Savings for Ser­vice­mem­bers Act — Informed