H.R. 3933 — To amend the Internal Revenue Code of 1986 to permanently extend the election to include combat pay as earned income for purposes of the earned income tax credit and penalty-free distributions from retirement plans to individuals called to active duty, and for other purposes. | PoliFocus

H.R. 3933110th Congress

To amend the Internal Revenue Code of 1986 to permanently extend the election to include combat pay as earned income for purposes of the earned income tax credit and penalty-free distributions from retirement plans to individuals called to active duty, and for other purposes.

Subjects

Taxation

Summary

Amends the Internal Revenue Code to make permanent: (1) the taxpayer election to include combat zone compensation as earned income for purposes of the earned income tax credit; and (2) the exemption from penalties for premature distributions from retirement plans to individuals called or ordered to active military duty.

Amends title XVI (Supplemental Security Income for the Aged, Blind, and Disabled) of the Social Security Act to exclude from supplement security income benefit determinations any state annuity paid to a blind veteran.

Full Text

Related Legislation

H.R. 2222Strengthen the Earned Income Tax Credit Act of 2007
2007-05-08Referred to the House Committee on Ways and Means.
Related
H.R. 3529To amend the Internal Revenue Code of 1986 to make permanent law the treatment of tax-exempt combat pay as earned income for purposes of the earned income credit.
2007-09-14Referred to the House Committee on Ways and Means.
Related
H.R. 3629Providing Tax Fairness for Service Members and Veterans Act of 2007
2007-09-20Referred to the House Committee on Ways and Means.
Related
H.R. 3736Combat Pay Tax Flexibility Act of 2007
2007-10-03Referred to the House Committee on Ways and Means.
Related
H.R. 3808Combat Troops Tax Relief Act of 2007
2007-10-16Sponsor introductory remarks on measure. (CR H11552)
Related
H.R. 3827Active Duty Military Tax Relief Act of 2007
2007-10-15Referred to the House Committee on Ways and Means.
Related
S. 455Active Duty Military Tax Relief Act of 2007
2007-01-31Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1431-1434)
Related
S. 516TRAC Act
2007-02-07Read twice and referred to the Committee on Finance.
Related
S. 1333Strengthen the Earned Income Tax Credit Act of 2007
2007-05-08Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5734)
Related

Legislative Actions

2007-10-23
Introduced in House
2007-10-23
Introduced in House
2007-10-23
Referred to the House Committee on Ways and Means.

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