To provide that members of the Armed Forces performing services for the peacekeeping effort in the Republic of Bosnia and Herzegovina shall be entitled to tax benefits in the same manner as if such services were performed in a combat zone.

Provides that any individual who performs Operation Joint Endeavor services (United Nations-sponsored peacekeeping activities in Bosnia and Herzegovina) shall be entitled to the same tax benefits under the Internal Revenue Code that are provided to U.S. military personnel who perform service in an area designated by the President as a combat zone.

Makes this Act effective for periods beginning on or after December 4, 1995.