In the News
Womack sponsors bipartisan bill to end tax on military benefit
Washington,
November 7, 2022
Tags:
National Defense
Bipartisan legislation introduced on Nov. 3 by U.S. Rep. Steve Womack (R-AR) would eliminate a tax burden imposed on United States military personnel regarding their Basic Needs Allowance (BNA) benefits.
[...] Sen. Womack sponsored the BNA Fairness Act, H.R. 9275, with four original cosponsors, including U.S. Reps. Don Bacon (R-NE) and Tim Ryan (D-OH), to amend the Internal Revenue Code of 1986 to exclude from gross income the BNA of members of the U.S. Armed Forces, according to the text of the bill. Read the full article here. |