S 981 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exempt from income tax a certain portion of the pay received by members of the Armed Forces who have served at least four years.

Introduced 1981-04-09· Sponsored by Sen. Symms, Steven D. [R-ID]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB; Treasury Department.(1981-04-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exempt from income tax a specified portion of the pay received by members of the Armed Forces who have served at least four years on active duty.…

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