S. 601 · 109th Congress
A bill to amend the Internal Revenue Code of 1986 to include combat pay in determining an allowable contribution to an individual retirement plan.
- Stage
- In committee
- Sponsor
- Kent Conrad
- Introduced
- 2005-03-10
- Latest action
- 2005-03-10 · Introduced in Senate
Summary
Amends the Internal Revenue Code to include combat zone compensation (otherwise excludable from gross income) as earned income for purposes of calculating the tax deduction for contributions to retirement savings plans.