S 1108
Tax Cuts for Veterans Act of 2025
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 8:57 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Tax Cuts for Veterans Act of 2025, aims to eliminate federal income tax on military retirement pay and related benefits for both members and former members of the armed forces and uniformed services. It achieves this by amending the Internal Revenue Code to exclude these payments from gross income, with specific provisions addressing reduced retirement pay and the calculation of ‘consideration for the contract.’ The bill also includes related conforming amendments to ensure consistency with existing tax law.
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