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H.R. 3736, The Combat Pay Tax Flexibility Act of 2007

  • This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Version saved on November 21, 2007, 18:36:04, by webmaster:

H.R. 3736 would amend the Internal Revenue Code of 1986 to make permanent the election to treat combat pay as earned income for purposes of the earned income tax credit.

Detailed Summary

Combat Pay Tax Flexibility Act of 2007 - Amends the Internal Revenue Code to make permanent the taxpayer election to include combat zone compensation as earned income for purposes of calculating the earned income tax credit.

Status of the Legislation

Latest Major Action: 10/3/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.

Points in Favor

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Points Against

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