119 HR 715 IH: BNA Fairness Act U.S. House of Representatives 2025-01-23 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.

I119th CONGRESS1st SessionH. R. 715IN THE HOUSE OF REPRESENTATIVESJanuary 23, 2025Mr. Womack (for himself, Mr. Moulton, 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 exclude from gross income the basic needs allowance of members of the Armed Forces.

1.

Short title

This Act may be cited as the BNA Fairness Act.

2.

Exclusion from gross income of the basic needs allowance of members of the Armed Forces

(a)

In general

Section 134(b) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: (7)

Basic needs allowance

The term qualified military benefit includes the basic needs allowance under section 402b of title 37, United States Code (as in effect at the time of the provision of such allowance).. (b)

Conforming amendment

Section 134(b)(3)(A) of such Code is amended by striking as provided in subparagraphs (B) and (C) and paragraphs (4) and (5) and inserting as otherwise provided in this subsection. (c)

Effective date

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