[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 957 Introduced in House (IH)]
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118th CONGRESS
1st Session
H. R. 957
To amend the Internal Revenue Code of 1986 to increase the amount
excluded from gross income by reason of distributions from governmental
retirement plans for health and long-term care insurance for public
safety officers.
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IN THE HOUSE OF REPRESENTATIVES
February 9, 2023
Ms. Spanberger (for herself, Mr. Fitzpatrick, Mr. Kildee, and Mr.
Bacon) 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 increase the amount
excluded from gross income by reason of distributions from governmental
retirement plans for health and long-term care insurance for public
safety officers.
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 ``Public Safety Retirees Healthcare
Protection Act of 2023''.
SEC. 2. INCREASE IN AMOUNT EXCLUDED FROM GROSS INCOME BY REASON OF
DISTRIBUTIONS FROM GOVERNMENTAL RETIREMENT PLANS FOR
HEALTH AND LONG-TERM CARE INSURANCE FOR PUBLIC SAFETY
OFFICERS.
(a) In General.--Section 402(l)(2) of the Internal Revenue Code of
1986 is amended by striking ``$3,000'' and inserting ``$6,000''.
(b) Effective Date.--The amendment made by paragraph (1) shall
apply to distributions in taxable years beginning after December 31,
2023.
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