S. 837 · 116th Congress

Savings for Ser­vice­mem­bers Act

Stage
In committee
Sponsor
Amy Klobuchar
Introduced
2019-03-14
Latest action
2019-03-14 · Introduced in Senate

Summary

Savings for Servicemembers Act

This bill reduces from 100 miles to 50 miles the distance away from home required for a member of a reserve component of the Armed Forces to be eligible for the above-the-line tax deduction for travel expenses. (Above-the-line tax deductions are subtracted from gross income to arrive at adjusted gross income.)