Heroes’ Tax Exemption Act of 2025

Hozzl · 2025-02-26T06:53:21Z

Explore the details of House Bill 823 Heroes’ Tax Exemption Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

2/26/2025, 6:53 AM

Summary of Bill HR 823

Bill 119 HR 823, also known as the Servicemember Tax Exemption Act, aims to amend the Internal Revenue Code of 1986 to provide an exemption from income tax for members of the military. This bill specifically targets servicemembers, including those in the Army, Navy, Air Force, Marine Corps, and Coast Guard.

The proposed legislation seeks to alleviate the financial burden on servicemembers by exempting their income from federal income tax. This exemption would apply to all forms of income earned by servicemembers, including basic pay, bonuses, and allowances.

The bill recognizes the sacrifices made by servicemembers and aims to provide them with additional financial support. By exempting their income from taxation, servicemembers would have more disposable income to support themselves and their families. Overall, Bill 119 HR 823 seeks to show appreciation for the dedication and service of our military personnel by providing them with a tax exemption that recognizes their unique contributions to our country.

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Current Status of Bill HR 823

Bill HR 823 is currently in the status of Bill Introduced since January 28, 2025. Bill HR 823 was introduced during Congress 119 and was introduced to the House on January 28, 2025. Bill HR 823's most recent activity was Referred to the House Committee on Ways and Means. as of January 28, 2025

Bipartisan Support of Bill HR 823

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Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 823

Primary Policy Focus

Alternate Title(s) of Bill HR 823

To amend the Internal Revenue Code of 1986 to exempt servicemembers from the income tax.

Comments

Malachi Covington

455

10 months ago

This bill is a joke! It's gonna mess everything up for us regular folks. Can't believe they're even considering it. It's gonna be a disaster in the long run.