US EditionLegislation to Exempt Military Bonuses From Federal Income Tax Introduced
- Representatives Jen Kiggans and Sanford Bishop have jointly introduced the bipartisan BONUS Act in the House, which aims to make military bonuses free from federal income taxation.
- The legislation seeks to encourage enlistment and ongoing service by allowing military personnel to keep the full amount of their earned bonuses free from federal income tax beginning January 1, 2025.
- Military bonuses, which can range from a few thousand dollars up to amounts exceeding several tens of thousands, play a crucial role in filling essential positions and assisting military families with expenses such as clothing and education.
- Kiggans emphasized the daily sacrifices made by military personnel to protect the nation's safety, while Bishop highlighted that eliminating taxes on military bonuses could help improve troop retention.
- If passed, the BONUS Act would expand existing military tax benefits, respond to long-standing troop concerns, and put more cash into military families' pockets at home.
16 Articles
16 Articles
Bipartisan bill would nix federal taxes on military bonuses
A bipartisan House bill would remove federal taxes from military bonuses. The bill, nicknamed the BONUS Act, would exempt servicemembers’ enlistment, reenlistment, and performance bonuses from being taxed by the federal government. Service members in combat zones already benefit from tax-free income during their deployments, but the proposed legislation would put more cash into military families’ pockets at home. The bipartisan bill introduced t…
Pfluger, Colleagues Introduce Legislation to Unleash Military on Enemy Drones in U.S.
Congressman August Pfluger (TX-11), alongside Rep. Chrissy Houlahan (PA-06) in the House, and Senators Tom Cotton (R-AR) and Kristen Gillibrand (D-NY) in the Senate, introduced bipartisan, bicameral legislation to unleash the U.S. military on enemy drones within the U.S.
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