116th CONGRESS 1st Session |
To amend the Internal Revenue Code of 1986 to increase and make permanent the exclusion for benefits provided to volunteer firefighters and emergency medical responders.
April 11, 2019
Ms. Collins (for herself, Mr. Cardin, Mr. Schumer, Mr. Blumenthal, Ms. Klobuchar, Mr. Merkley, Mr. Durbin, and Mr. Rounds) introduced the following bill; which was read twice and referred to the Committee on Finance
To amend the Internal Revenue Code of 1986 to increase and make permanent the exclusion for benefits provided to volunteer firefighters and emergency medical responders.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Volunteer Responder Incentive Protection Act of 2019”.
SEC. 2. Benefits provided to volunteer firefighters and emergency medical responders.
(a) Increase in dollar limitation on qualified payments.—Subparagraph (B) of section 139B(c)(2) of the Internal Revenue Code of 1986 is amended by striking “$30” and inserting “$50”.
(b) Reimplementing and making permanent benefits.—Section 139B of the Internal Revenue Code of 1986 is amended by striking subsection (d).
(c) Effective date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2019.