I
115th CONGRESS
1st Session
H. R. 1550
IN THE HOUSE OF REPRESENTATIVES
March 15, 2017
Mr. Reichert (for himself, Mr. Larson of Connecticut, Mr. Meehan, Mr. Kind, Mr. Kelly of Pennsylvania, Mr. Renacci, Ms. Slaughter, Mr. Lance, Mr. Rodney Davis of Illinois, Mr. Collins of New York, Mr. DeFazio, Ms. Pingree, Mr. Pascrell, Mr. Pocan, Mr. Barletta, Mr. Ryan of Ohio, Mr. Swalwell of California, Ms. DeLauro, Ms. Shea-Porter, Mr. King of New York, Miss Rice of New York, Mr. Ellison, Mr. Bost, Mr. Blumenauer, Mr. Kilmer, Mr. Cole, Mr. Walberg, Mr. Frelinghuysen, Mr. Courtney, Mr. Goodlatte, Ms. Esty, and Mrs. Walorski) 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 and make permanent the exclusion for benefits provided to volunteer firefighters and emergency medical responders.
Short title
This Act may be cited as the Volunteer Responder Incentive Protection Act of 2017
.
Benefits provided to volunteer firefighters and emergency medical responders
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
.
Reimplementing and making permanent benefits
In general
Section 139B of the Internal Revenue Code of 1986 is amended by striking subsection (d).
Effective date
The amendment made by this subsection shall apply with respect to taxable years beginning after December 31, 2017.