H. R. 1791
IN THE HOUSE OF REPRESENTATIVES
March 14, 2019
Mr. Larsen of Washington (for himself, Mr. Carter of Texas, Mrs. Rodgers of Washington, Mr. Connolly, Mr. Bishop of Georgia, Mr. Wilson of South Carolina, and Mr. Wittman) introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to exempt survivor benefit annuity plan payments from the individual alternative minimum tax.
This Act may be cited as the
Children of Fallen Servicemembers AMT Relief Act of 2019 .
Exemption for survivor benefit annuity plan payments from the individual alternative minimum tax
Section 59(j)(1) of the Internal Revenue Code of 1986 is amended by adding at the end the following new flush sentence:
Solely for purposes of this subsection, any annuity paid under the Survivor Benefit Plan under subchapter II of chapter 73 of title 10, United States Code, shall be considered earned income.
The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this Act.