Homefront Heroes Helping Frontline Families Tax Relief Act of 2008

Homefront Heroes Helping Frontline Families Tax Relief Act of 2008 - Amends the Internal Revenue Code to allow a tax credit of up to $500 for volunteer services provided to military families through the America Supports You program of the Department of Defense.

[Congressional Bills 110th Congress]
[From the U.S. Government Printing Office]
[H.R. 5785 Introduced in House (IH)]







110th CONGRESS
  2d Session
                                H. R. 5785

  To amend the Internal Revenue Code of 1986 to provide a credit for 
 providing volunteer service to military families through the America 
           Supports You program of the Department of Defense.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 14, 2008

   Mr. Hill 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 provide a credit for 
 providing volunteer service to military families through the America 
           Supports You program of the Department of Defense.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Homefront Heroes Helping Frontline 
Families Tax Relief Act of 2008''.

SEC. 2. CREDIT FOR VOLUNTEER SERVICE TO MILITARY FAMILIES THROUGH 
              AMERICA SUPPORTS YOU PROGRAM.

    (a) In General.--Subpart A of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 (relating to nonrefundable 
personal credits) is amended by inserting after section 25D the 
following new section:

``SEC. 25E. VOLUNTEER SERVICE TO MILITARY FAMILIES THROUGH AMERICA 
              SUPPORTS YOU PROGRAM.

    ``(a) Allowance of Credit.--In the case of an individual, there 
shall be allowed as a credit against the tax imposed by this chapter 
for the taxable year an amount equal to the sum of the qualified 
service amounts with respect to qualified service performed during the 
taxable year by the taxpayer, his spouse, and his dependents (as 
defined in section 152, determined without regard to subsections 
(b)(1), (b)(2), and (d)(1)(B) thereof).
    ``(b) Limitation.--The amount allowed as a credit under subsection 
(a) for a taxable year shall not exceed $500.
    ``(c) Qualified Service Amount.--For purposes of subsection (a), 
the term `qualified service amount' means, with respect to an hour (or 
portion thereof) of qualified service, the minimum wage required under 
section 6(a) of the Fair Labor Standards Act of 1938 (29 U.S.C. 206(a)) 
as in effect on the date of such service.
    ``(d) Qualified Service.--For purposes of subsection (a)--
            ``(1) In general.--The term `qualified service' means 
        service meeting the requirements of paragraph (2) which is 
        provided through an organization--
                    ``(A) described in section 501(c)(3) and exempt 
                from tax under section 501(a), and
                    ``(B) which is approved by the Secretary of Defense 
                to participate in the America Supports You program of 
                the Department of Defense.
            ``(2) Service requirements.--Service meets the requirements 
        of this paragraph if the service--
                    ``(A) is provided on a volunteer basis,
                    ``(B) is for not less than 10 hours per week in not 
                less than 4 weeks of the taxable year, and
                    ``(C) is directly involved with the mission of the 
                America Supports You program of helping military 
                families.
            ``(3) Certification requirement.--Service shall not be 
        taken into account under this section unless the organization 
        through which such service is performed certifies the date of 
        such service and that such service meets the requirements of 
        paragraph (2).
    ``(e) Inflation Adjustment.--
            ``(1) In general.--In the case of any taxable year 
        beginning in a calendar year after 2008, the $500 amount in 
        subsection (b) shall be increased by such amount multiplied by 
        the percentage change (if any) from the minimum wage on January 
        1, 2008, to the minimum wage on the last day of the preceding 
        taxable year.
            ``(2) Minimum wage.--For purposes of paragraph (1), the 
        term `minimum wage' means the minimum wage required under 
        section 6(a) of the Fair Labor Standards Act of 1938 (29 U.S.C. 
        206(a)).
            ``(3) Rounding.--If any amount as adjusted under paragraph 
        (1) is not a multiple of $10, such amount shall be rounded to 
        the nearest multiple of $10.
    ``(f) Regulations.--The Secretary shall prescribe such regulations 
as may be necessary or appropriate to carry out this section.''.
    (b) Clerical Amendment.--The table of sections for subpart A of 
part IV of subchapter A of chapter 1 of such Code is amended by 
inserting after the items relating to section 25D the following new 
item:

``Sec. 25E. Volunteer service to military families through America 
                            Supports You program.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to service performed in taxable years beginning after December 
31, 2007.
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