[Congressional Record Volume 160, Number 121 (Wednesday, July 30, 2014)]
[Senate]
[Page S5137]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
By Mr. CORNYN:
S. 2686. A bill to amend the Internal Revenue Code of 1986 to prevent
the extension of the tax collection period merely because the taxpayer
is a member of the Armed Forces who is hospitalized as a result of
combat zone injuries; to the Committee on Finance.
Mr. CORNYN. Mr. President, I ask unanimous consent that the text of
the bill be printed in the Record.
There being no objection, the text of the bill was ordered to be
printed in the Record, as follows:
S. 2686
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 ``Wounded Warrior Tax Equity
Act of 2014''.
SEC. 2. PREVENTION OF EXTENSION OF TAX COLLECTION PERIOD FOR
MEMBERS OF THE ARMED FORCES WHO ARE
HOSPITALIZED AS A RESULT OF COMBAT ZONE
INJURIES.
(a) In General.--Section 7508(e) of the Internal Revenue
Code of 1986 is amended by adding at the end the following
new paragraph:
``(3) Collection period after assessment not extended as
a result of hospitalization.--With respect to any period of
continuous qualified hospitalization described in subsection
(a) and the next 180 days thereafter, subsection (a) shall
not apply in the application of section 6502.''.
(b) Effective Date.--The amendment made by this section
shall apply to taxes assessed before, on, or after the date
of the enactment of this Act.
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