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
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.