S 1108 · 119th Congress

Tax Cuts for Veterans Act of 2025

This bill would make military retirement pay and related benefits completely tax-free for veterans. Currently, some military retirement income is taxed as regular income, but this bill would exclude all retirement pay, pensions, and disability compensation from federal income taxes. This applies to anyone who served…

Sponsor

Ricketts, Pete (R-Nebraska)

Introduced

2025-03-25

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance.