A bill to amend the Internal Revenue Code of 1954 to exclude from gross income certain amounts received by members of certain firefighting and rescue units.

Excludes from gross income under the Internal Revenue Code (1) up to $5 per occasion of service by a fireman in response to a call for firefighting or rescue services; and (2) up to $5 per meeting attended by members of a firefighting or rescue unit up to $10 per month.

States that this tax exclusion shall apply to the taxable years following December 31, 1974.