I
117th CONGRESS
2d Session
H. R. 9020
IN THE HOUSE OF REPRESENTATIVES
September 28, 2022
Mr. Ryan of Ohio (for himself, Mr. Kelly of Mississippi, Mr. Kildee, Mr. Kim of New Jersey, Mr. Kahele, and Mr. Kilmer) 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 decrease the distance away from home required for a member of a reserve component of the Armed Forces to be eligible for the above-the-line deduction for travel expenses.
Short title
This Act may be cited as the Savings for Servicemembers Act
.
Decrease in required distance away from home for above-the-line deduction for travel expenses of members of a reserve component of the Armed Forces
In general
Section 62(a)(2)(E) of the Internal Revenue Code of 1986 is amended by striking 100 miles
and inserting 50 miles
.
Effective date
The amendment made by this section shall apply to taxable years beginning after December 31, 2021.