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Savings for Servicemembers Act
2/6/2024, 8:15 AM
Congressional Summary of HR 5844
Savings for Servicemembers Act
This bill modifies the tax deduction for the travel expenses of members of a reserve component of the Armed Forces to decrease the distance from home requirement from 100 miles to 50 miles.
Read the Full Bill
Current Status of Bill HR 5844
Bill HR 5844 is currently in the status of Bill Introduced since September 29, 2023. Bill HR 5844 was introduced during Congress 118 and was introduced to the House on September 29, 2023. Bill HR 5844's most recent activity was Referred to the House Committee on Ways and Means. as of September 29, 2023
Bipartisan Support of Bill HR 5844
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5844
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 5844
Savings for Servicemembers Act
Savings for Servicemembers Act
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.
Comments
Sponsors and Cosponsors of HR 5844
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