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.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill requires 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 Section 402(l)(2) of the Internal. It relies on definition changes, tax rate changes, compliance mandates, and exemptions. The main policy areas are Regulated Industries.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties and Regulated entities and members of the public affected by the bill would take on compliance duties.
Key Provisions
- Requires 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 Section 402(l)(2) of the Internal...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires 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 Section 402(l)(2) of the Internal.
Key Policy Areas
Regulated Industries
Primary Purpose
The bill requires 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 Section 402(l)(2) of the Internal.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Regulated entities and members of the public affected by the bill
Sponsors
Legislative Progress
IntroducedMs. Spanberger (for herself, Mr. Fitzpatrick, Mr. Kildee, and Mr. …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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