HR 5028 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exempt from taxation the pay received by members of the National Guard or of Reserve components of the Armed Forces to the extent that such pay does not exceed $5,000.

Introduced 1981-11-18· Sponsored by Rep. Bowen, David R. [D-MS-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-11-18)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income up to $5,000 of the pay received by members of the National Guard or a Reserve component of the armed forces.…

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