No Tax on LOSAP Act

Hozzl · 2025-03-29T02:53:24Z

Explore the details of House Bill 2279 No Tax on LOSAP Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

3/29/2025, 2:53 AM

Summary of Bill HR 2279

Bill 119 hr 2279 aims to make changes to the Internal Revenue Code of 1986 in order to benefit individuals who provide volunteer firefighting or emergency medical services. The bill proposes to increase the amount of money that can be excluded from gross income for qualified payments made to these volunteers. Additionally, the bill seeks to clarify that payments made under length of service award programs are considered qualified payments.

In essence, this bill is designed to provide financial relief and recognition to individuals who selflessly volunteer their time and expertise in critical emergency situations. By increasing the amount that can be excluded from gross income for these volunteers and clarifying the status of payments made under length of service award programs, the bill aims to support and incentivize individuals who play a vital role in ensuring the safety and well-being of their communities.

Overall, Bill 119 hr 2279 is a positive step towards recognizing and supporting the invaluable contributions of volunteer firefighters and emergency medical service providers.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill HR 2279

Bill HR 2279 is currently in the status of Bill Introduced since March 21, 2025. Bill HR 2279 was introduced during Congress 119 and was introduced to the House on March 21, 2025. Bill HR 2279's most recent activity was Referred to the House Committee on Ways and Means. as of March 21, 2025

Bipartisan Support of Bill HR 2279

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2279

Primary Policy Focus

Alternate Title(s) of Bill HR 2279

To amend the Internal Revenue Code of 1986 to increase the amount excluded from gross income for qualified payments to individuals providing volunteer firefighting or emergency medical services, and to clarify that payments under length of service award programs are qualified payments.