A bill to amend the Internal Revenue Code of 1954 to provide that the first $5,000 of compensation paid to law enforcement officers shall not be subject to the income tax.

[AI summary unavailable — showing source text] Provides, under the Internal Revenue Code, that gross income does not include amounts received as compensation for service as a full-time law enforcement officer in the employ of the United States, the District of Columbia, a State or political subdivision thereof, to the extent that the aggregate of such amounts does not exceed $5,000 in the taxable year. (Amends 26 U.S.C. 124)…