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Reservist Pay Equity Act of 2023

12/30/2023, 8:15 AM

Summary of Bill HR 3253

Bill 118 hr 3253, also known as the Reservist Pay Equity Act of 2023, aims to address disparities in pay and benefits for members of the reserve components of the United States Armed Forces. The bill seeks to ensure that reservists are compensated fairly for their service and that they receive the same benefits as their active-duty counterparts.

Specifically, the bill includes provisions to increase the pay and allowances for reservists, as well as to provide additional benefits such as healthcare coverage and retirement benefits. Additionally, the bill aims to improve the training and readiness of reserve units by providing funding for equipment and resources.

The Reservist Pay Equity Act of 2023 has received bipartisan support in Congress, with lawmakers from both parties recognizing the importance of ensuring that reservists are fairly compensated for their service. The bill is seen as a way to strengthen the readiness and effectiveness of the reserve components of the military, which play a crucial role in national defense. Overall, the Reservist Pay Equity Act of 2023 is a significant piece of legislation that seeks to address long-standing issues of pay disparity and benefits for reservists in the United States Armed Forces. If passed, the bill has the potential to improve the overall well-being and effectiveness of reserve units across the country.

Congressional Summary of HR 3253

Reservist Pay Equity Act of 2023

This bill increases the rate of the differential wage payment tax credit from 20% to 50% and requires that the maximum dollar amount of such credit be adjusted for inflation after 2023. The credit is allowed to employers for their employees who are active duty members of the uniformed services.

Current Status of Bill HR 3253

Bill HR 3253 is currently in the status of Bill Introduced since May 11, 2023. Bill HR 3253 was introduced during Congress 118 and was introduced to the House on May 11, 2023.  Bill HR 3253's most recent activity was Referred to the House Committee on Ways and Means. as of May 11, 2023

Bipartisan Support of Bill HR 3253

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
16
Democrat Cosponsors
10
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3253

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 3253

Reservist Pay Equity Act of 2023
Reservist Pay Equity Act of 2023
To amend the Internal Revenue Code of 1986 to increase the differential wage payment credit.

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