S 2958 · 113th Congress · Taxation

Guard and Military Reservist Pay Security Act

Introduced 2014-11-20· Sponsored by Sen. Toomey, Patrick [R-PA]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2014-11-20)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only