S 725
Coast Guard Combat-Injured Tax Fairness Act
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Coast Guard Combat-Injured Tax Fairness Act, amends a previous law to extend a tax benefit to Coast Guard veterans who received combat-related severance pay. Specifically, it ensures that amounts previously withheld for taxes from these severance payments are restored to Coast Guard veterans when the Coast Guard is not operating under the Department of the Navy. The bill also establishes deadlines for the identification of improperly withheld amounts and for the implementation of corrective measures.
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