Savings for Servicemembers Act

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9020 Introduced in House (IH)]

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117th CONGRESS
  2d Session
                                H. R. 9020

  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.


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                    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

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                                 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.

    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 ``Savings for Servicemembers Act''.

SEC. 2. 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.

    (a) In General.--Section 62(a)(2)(E) of the Internal Revenue Code 
of 1986 is amended by striking ``100 miles'' and inserting ``50 
miles''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2021.
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