Protecting Gold Star Children Act of 2019

Bill: 116-hr-2716
Sponsor: full_name: Rep. Green, Mark E. [R-TN-7]
Introduced: 2019-05-14
Policy area: Taxation
Subjects: Income tax rates

Military personnel and dependents

Veterans' pensions and compensation
Latest action: action_date: 2019-05-14
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2019-05-14
action_desc: Introduced in House
text: <p><b>Protecting Gold Star Children Act of 2019</b></p> <p>This bill treats certain military survivor benefits that are received by children as earned income of the child for the purposes of the kiddie tax (the tax on the unearned income of children). This has the effect of exempting the benefits from such tax.</p>

tv_txt: I 116th CONGRESS 1st Session H. R. 2716 IN THE HOUSE OF REPRESENTATIVES May 14, 2019 Mr. Green of Tennessee 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 not apply changes under Public Law 115–97 pertaining to the kiddie tax to children receiving certain military survivor benefits.

1. Short title This Act may be cited as the Protecting Gold Star Children Act of 2019 . 2. Application of permanent kiddie tax rates to children receiving certain military survivor benefits (a) In general Section 1(j)(4) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: (E) Treatment of children with certain military survivor benefits Subparagraph (A) shall not apply to any child who received a benefit under laws administered by the Secretary of Defense or the Secretary of Veterans Affairs which— (i) is received by a child by reason of the child being the survivor of a deceased member of the Armed Forces or of a deceased veteran, and (ii) is included in the gross income of such child. . (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2017.