Holiday Bonus Tax Relief Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6872 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 6872 To amend the Internal Revenue Code of 1986 to exclude holiday bonuses from gross income, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 18, 2025 Mr. Mackenzie (for himself and Mr. Moskowitz) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to exclude holiday bonuses from gross income, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Holiday Bonus Tax Relief Act of 2025''. SEC. 2. EXCLUSION FROM GROSS INCOME OF HOLIDAY BONUSES. (a) In General.--Part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 139L the following new section: ``SEC. 139M. QUALIFIED HOLIDAY BONUSES. ``(a) In…