[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1791 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 1791

 To amend the Internal Revenue Code of 1986 to exempt survivor benefit 
   annuity plan payments from the individual alternative minimum tax.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 14, 2019

   Mr. 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 Means

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                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to exempt survivor benefit 
   annuity plan payments from the individual alternative minimum tax.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

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

SEC. 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.
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