To amend the Internal Revenue Code of 1986 to extend the statute of limitation for credit or refund for taxpayers who receive combat pay.

Bill: 114-hr-4250
Sponsor: full_name: Rep. Blumenauer, Earl [D-OR-3]
Introduced: 2015-12-15
Policy area: Taxation
Subjects: Income tax credits

Income tax exclusion

Military personnel and dependents

Tax administration and collection, taxpayers

Wages and earnings
Latest action: action_date: 2015-12-15
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2015-12-15
action_desc: Introduced in House
text: <p>This bill amends the Internal Revenue Code to extend the limitation period for claiming a credit or refund for taxpayers who receive tax-exempt combat pay from 3 years from the date the return was filed, or 2 years from the date the tax was paid, to 15 years from either of such dates.</p>

tv_txt: I 114th CONGRESS 1st Session H. R. 4250 IN THE HOUSE OF REPRESENTATIVES December 15, 2015 Mr. Blumenauer introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to extend the statute of limitation for credit or refund for taxpayers who receive combat pay.

1. Extended statute of limitation for credit or refund for taxpayers who receive combat pay (a) In general Section 6511 of the Internal Revenue Code of 1986 is amended by redesignating subsection (i) as subsection (j) and by inserting after subsection (h) the following new subsection: (i) Special rule for excludable combat pay In the case of a claim for credit or refund which relates to an overpayment of tax imposed by subtitle A for a taxable year in which the taxpayer received compensation properly excludible from gross income under section 112, this section shall be applied— (1) by substituting 15 years for 3 years each place it appears in subsections (a) and (b)(2), (2) by substituting 15 years for 2 years each place it appears in such subsections, and (3) by substituting 15-year period for 3-year period each place it appears in subsection (b)(2). . (b) Effective date The amendments made by this section shall apply to claims for credit or refund made on or after the date of the enactment of this Act.