116 HR 1791 IH: Children of Fallen Ser­vice­mem­bers AMT Relief Act of 2019 U.S. House of Representatives 2019-03-14 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I116th CONGRESS1st SessionH. R. 1791IN THE HOUSE OF REPRESENTATIVESMarch 14, 2019Mr. Larsen of Washington (for himself, Mr. Carter of Texas, Mrs. Rodgers of Washington, Mr. Connolly, Mr. Bishop of Georgia, Mr. Wilson of South Carolina, and Mr. Wittman) introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to exempt survivor benefit annuity plan payments from the individual alternative minimum tax.

1.

Short title

This Act may be cited as the Children of Fallen Ser­vice­mem­bers AMT Relief Act of 2019 .

2.

Exemption for survivor benefit annuity plan payments from the individual alternative minimum tax

(a)

In general

Section 59(j)(1) of the Internal Revenue Code of 1986 is amended by adding at the end the following new flush sentence: Solely for purposes of this subsection, any annuity paid under the Survivor Benefit Plan under subchapter II of chapter 73 of title 10, United States Code, shall be considered earned income.. (b)

Effective date

The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this Act.