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119th CONGRESS
1st Session |
To amend the Internal Revenue Code of 1986 to increase the amount excluded from gross income by reason of distributions from governmental retirement plans for health and long-term care insurance for public safety officers.
Mr. Bacon (for himself and Mr. Cuellar) introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to increase the amount excluded from gross income by reason of distributions from governmental retirement plans for health and long-term care insurance for public safety officers.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Public Safety Retirees Healthcare Protection Act of 2025”.
SEC. 2. Increase in amount excluded from gross income by reason of distributions from governmental retirement plans for health and long-term care insurance for public safety officers.
(a) In general.—Section 402(l)(2) of the Internal Revenue Code of 1986 is amended by striking “$3,000” and inserting “$6,000”.
(b) Effective date.—The amendment made by paragraph (1) shall apply to distributions in taxable years beginning after December 31, 2025.