Intelligence Community Workforce Agility Protection Act of 2021
This bill allows a current tax deduction for the moving expenses of an employee or new appointee of the intelligence community who moves due to a change in assignment that requires relocation. It also allows a current tax exclusion for such employees or appointees for moving expense reimbursements. Under current law, the tax deduction and exclusion for the moving expenses of other taxpayers are suspended for the period beginning in 2018 through 2025.
[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 2341 Introduced in Senate (IS)]
<DOC>
117th CONGRESS
1st Session
S. 2341
To amend the Internal Revenue Code of 1986 to expand the treatment of
moving expenses to employees and new appointees in the intelligence
community who move pursuant to a change in assignment that requires
relocation.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
July 14, 2021
Mr. Rubio (for himself, Mr. Warner, Mr. Burr, Mr. Sasse, Mrs.
Gillibrand, Mr. Heinrich, Mr. King, Mrs. Feinstein, Mr. Blunt, Ms.
Collins, Mr. Wyden, Mr. Bennet, Mr. Risch, Mr. Casey, and Mr. Cotton)
introduced the following bill; which was read twice and referred to the
Committee on Finance
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to expand the treatment of
moving expenses to employees and new appointees in the intelligence
community who move pursuant to a change in assignment that requires
relocation.
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 ``Intelligence Community Workforce
Agility Protection Act of 2021''.
SEC. 2. EXPANSION OF TREATMENT OF MOVING EXPENSES.
(a) Purpose.--The purpose of this section is to facilitate the
movement of members of the intelligence community to meet mission
critical needs and to reduce unintended tax burdens imposed on public
servants in relocating duty stations.
(b) Deduction.--Section 217(k) of the Internal Revenue Code of 1986
is amended by inserting ``or an employee or new appointee of the
intelligence community (as defined in section 3 of the National
Security Act of 1947 (50 U.S.C. 3003)) (other than a member of the
Armed Forces of the United States) who moves pursuant to a change in
assignment that requires relocation'' after ``to whom subsection (g)
applies''.
(c) Exclusion for Qualified Moving Expense Reimbursements.--Section
132(g)(2) of the Internal Revenue Code of 1986 is amended by inserting
``or an employee or new appointee of the intelligence community (as
defined in section 3 of the National Security Act of 1947 (50 U.S.C.
3003)) (other than a member of the Armed Forces of the United States)
who moves pursuant to a change in assignment that requires relocation''
after ``change of station''.
(d) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2017.
<all>
Introduced in Senate
Read twice and referred to the Committee on Finance.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line