To amend the Internal Revenue Code of 1986 to extend the statute of limitation for credit or refund for taxpayers who receive combat pay.

This bill amends the Internal Revenue Code to extend the limitation period for claiming a credit or refund for taxpayers who receive tax-exempt combat pay from 3 years from the date the return was filed, or 2 years from the date the tax was paid, to 15 years from either of such dates.