H.R. 5028 — A bill to amend the Internal Revenue Code of 1954 to exempt from taxation the pay received by members of the National Guard or of Reserve components of the Armed Forces to the extent that such pay does not exceed $5,000.

Summary

Amends the Internal Revenue Code to exclude from gross income up to $5,000 of the pay received by members of the National Guard or a Reserve component of the armed forces.

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Related Legislation

S. 782A bill to amend the Internal Revenue Code of 1954 to exempt from taxation the pay received by members of the National Guard or of reserve components of the Armed Forces to the extent that such pay does not exceed $5,000.
1981-03-30Committee on Finance requested executive comment from OMB; Treasury Department; Defense Department.
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Legislative Actions

1981-11-18
Introduced in House
1981-11-18
Introduced in House
1981-11-18
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to exempt from taxation the pay received by members of the National Guard or of Reserve components of the Armed Forces to the extent that such pay does not exceed $5,000.

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