William Becker Promoting Careers in Aviation for America’s Veterans Act

In general— In the case of a taxable year beginning before January 1, 1980, the determination of whether a deduction is allowable under section 162(a) of the Internal Revenue Code of 1986 for flight training expenses shall be made without regard to whether the taxpayer was reimbursed for any portion of such expenses under section 1677(b) of title 38, United States Code (as in effect before its repeal by Public Law 97–35).

Statute of limitations— If refund or credit of any overpayment of tax resulting from the application of subsection (a) is prevented at any time before the close of the 1-year period beginning on the date of the enactment of this Act by the operation of any law or rule of law (including res judicata), refund or credit of such overpayment (to the extent attributable to the application of subsection (a)) may, nevertheless, be made or allowed if claim therefor is filed before the close of such 1-year period.

in paragraph (1), by inserting “and” after the semicolon;

by striking paragraph (2); and

by redesignating paragraph (3) as paragraph (2).

an assessment of existing programs to develop methods and procedures of informing veterans of any benefits to which they may be entitled relating to the pursuit of a career in aviation;

a survey of existing private and public employment opportunities for veterans in the aviation industry; and

policy recommendations for providing assistance to veterans who are interested in pursuing careers in aviation.