US Codex
Bill
Notes

Public Safety Retirees Healthcare Protection Act

H.R. 4897 · 116th Congress · Oct 29, 2019 · Lineage

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.

1. Short title

This Act may be cited as the “Public Safety Retirees Healthcare Protection Act”.

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— Paragraph (2) of section 402(l) 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, 2019.