H.R. 333 · 114th Congress
Disabled Veterans Tax Termination Act
- Stage
- In committee
- Sponsor
- Sanford Bishop
- Introduced
- 2015-01-13
- Latest action
- 2015-08-13 · Referred to the Subcommittee on Military Personnel.
Summary
Disabled Veterans Tax Termination Act
Amends federal military retired pay provisions to: (1) permit veterans with a service-connected disability of less than 50% to concurrently receive both retired pay and disability compensation; (2) eliminate provisions requiring a phase-in between January 1, 2004, and December 31, 2013, of concurrent receipt of retired pay and disability compensation; (3) eliminate a phase-in of concurrent receipt of retired pay and disability compensation for disabled veterans determined to be individually unemployable; and (4) require a limited reduction in retired pay for qualified disability retirees with less than 20 years of retirement-creditable service.