Summary: H.R.1559 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.1559. Bill summaries are authored by CRS.

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Introduced in House (03/19/2007)

Armed Forces Tax Relief Act of 2007 - Amends the Internal Revenue Code to exclude from gross income all compensation received for active service as a member of the Armed Forces, not including pensions and retirement pay. (Terminates the current limited exclusion from gross income for combat pay.)