Public Safety Retirees Healthcare Protection Act of 2023

Bill: 118-hr-957
Sponsor: full_name: Rep. Spanberger, Abigail Davis [D-VA-7]
Introduced: 2023-02-09
Policy area: Taxation
Latest action: action_date: 2024-12-17
text: Referred to the Subcommittee on Health.

Summaries:
action_date: 2023-02-09
action_desc: Introduced in House
text: <p><strong>Public Safety Retirees Healthcare Protection Act</strong> <strong><strong>of 2023</strong></strong></p> <p>This bill amends the Internal Revenue Code to increase from $3,000 to $6,000 the amount excludible from the gross income of public safety officers for distributions from governmental retirement plans for health and long-term care insurance.</p>

tv_txt: I 118th CONGRESS 1st Session H. R. 957 IN THE HOUSE OF REPRESENTATIVES February 9, 2023 Ms. Spanberger (for herself, Mr. Fitzpatrick , Mr. Kildee , and Mr. Bacon ) 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 increase the amount excluded from gross income by reason of distributions from governmental retirement plans for health and long-term care insurance for public safety officers.

1. Short title This Act may be cited as the Public Safety Retirees Healthcare Protection Act of 2023 . 2. Increase in amount excluded from gross income by reason of distributions from governmental retirement plans for health and long-term care insurance for public safety officers (a) In general Section 402(l)(2) of the Internal Revenue Code of 1986 is amended by striking $3,000 and inserting $6,000 . (b) Effective date The amendment made by paragraph (1) shall apply to distributions in taxable years beginning after December 31, 2023.