US SB2958 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on November 20 2014 - 25% progression, died in committee
Action: 2014-11-20 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 20 2014 - 25% progression, died in committee
Action: 2014-11-20 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Guard and Military Reservist Pay Security Act - Amends the Internal Revenue Code, with respect to the tax credit for differential wage payments to active duty members of the Uniformed Services, to: (1) make such credit permanent; (2) increase the rate of such credit to 100%; (3) require an annual adjustment for inflation to credit amounts after 2015; and (4) make such credit available to all employers, not just small business employers.
Title
Guard and Military Reservist Pay Security Act
Sponsors
| Sen. Pat Toomey [R-PA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-11-20 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
Income tax credits
Inflation and prices
Military personnel and dependents
National Guard and reserves
Taxation
Wages and earnings
Inflation and prices
Military personnel and dependents
National Guard and reserves
Taxation
Wages and earnings
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/senate-bill/2958/all-info |
| Text | https://www.congress.gov/113/bills/s2958/BILLS-113s2958is.pdf |
