Summary: H.R.3166 — 102nd Congress (1991-1992)All Information (Except Text)

There is one summary for H.R.3166. Bill summaries are authored by CRS.

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Introduced in House (08/01/1991)

Amends the Internal Revenue Code to increase the exclusion from gross income for combat pay of commissioned officers (from $500 to $2,000 monthly).

Requires the transfer from the Defense Cooperation Account to the general fund of the Treasury such amounts as determined necessary to offset the revenue loss caused by this amendment during the period of the Persian Gulf conflict.