Summary: H.R.5554 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for H.R.5554. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/18/2014)

Helping Wounded Warriors Cover Medical Expenses Act - Amends the Internal Revenue Code to: (1) allow tax-free distributions from a qualified tuition program account (529 tuition plans) for payment of the medical expenses of veterans with disability ratings of more than 50%; and (2) exclude such distributions from gross income, for income tax purposes.