The failed bill would allow eligible National Guard members and military reservists to subtract certain pay from taxable income for years beginning after 2025.
If enacted, Guard members and military reservists could subtract certain basic pay and inactive-duty training pay when calculating taxable income, if that income was not already subtracted.
Members could subtract certain military pay when calculating taxable income. The provision covers National Guard members’ basic pay and Reserve members’ basic pay and inactive-duty training compensation. The pay could be subtracted only to the extent it is not already subtracted under the same tax provision. The subtraction would apply to taxable years beginning after December 31, 2025.
No hearings or votes scheduled.