H.R. 715

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 715 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 715 To amend the Internal Revenue Code of 1986 to exclude from gross income the basic needs allowance of members of the Armed Forces. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 23, 2025 Mr. Womack (for himself, Mr. Moulton, and Mr. Wittman) 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 from gross income the basic needs allowance of members of the Armed Forces. 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 ``BNA Fairness Act''. SEC. 2. EXCLUSION FROM GROSS INCOME OF THE BASIC NEEDS ALLOWANCE OF MEMBERS OF THE ARMED FORCES. (a) In General.--Section 134(b) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: ``(7) Basic needs allowance.--The term `qualified military benefit' includes the basic needs allowance under section 402b of title 37, United States Code (as in effect at the time of the provision of such allowance).''. (b) Conforming Amendment.--Section 134(b)(3)(A) of such Code is amended by striking ``as provided in subparagraphs (B) and (C) and paragraphs (4) and (5)'' and inserting ``as otherwise provided in this subsection''. (c) Effective Date.--The amendments made by this section shall apply to taxable years ending after the date of the enactment of this Act. <all>