,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #ije  ,,in ,,the ,,house ,,of   
,,representatives  ,january #cj1        
#bjai,mr4 ,king of ,new ,york 7for      
himself1 ,mr4 ,jones1 ,ms4 ,stefanik1   
,mr4 ,calvert1 ,mr4 ,ryan1 ,mr4 ,david  
,p4 ,roe of ,tennessee1 ,mr4 ,cole1 ,mr4
 ,wilson of ,south ,carolina1 and ,mr4  
,hill of ,arkansas7 introduced the      
following bill2 which was referred to   
the ,committee on ,ways and ,means  ,a  
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to allow members of the 
,ready ,reserve of a reserve component  
of the ,armed ,forces to make elective  
deferrals on the basis of their service 
to the ,ready ,reserve and on the basis 
of their other employment4  #a4 ,short  
title ,this ,act may be cited as the    
,servicemember ,retirement ,improvement 
,act4  #b4 ,elective deferrals by       
members of the ,ready ,reserve of a     
reserve component of the ,armed ,forces 
7a7 ,in general ,section #djb7;g7 of the
 ,internal ,revenue ,code of #aihf is   

amended by adding at the end the        
following new paragraph3  7#i7 ,elective
 deferrals by members of ,ready ,reserve
  7,a7 ,in general ,in the case of a    
qualified ready reservist 7other than a 
specified ,federal employee ready       
reservist7 for any taxable year1 the    
limitations of subparagraphs 7,a7 and   
7,c7 of paragraph 7#a7 shall be applied 
separately with respect to-- 7i7        
elective deferrals of such qualified    
ready reservist with respect to the     
,thrift ,savings ,fund 7as defined in   
section #ggja7;j771 and  7ii7 any other 
elective deferrals of such qualified    
ready reservist4  7,b7 ,special rule for
 ,federal employees in the ,ready       
,reserve not eligible to make elective  
deferrals to a plan other than the      
,thrift ,savings ,plan ,in the case of a
 specified ,federal employee ready      
reservist for any taxable year--  7i7   
the applicable dollar amount in effect  
under paragraph 7#a77;,b7 for such      
taxable year shall be twice such amount 

7as determined without regard to this   
subclause71 and  7ii7 for purposes of   
paragraph 7#a77;,c71 the applicable     
dollar amount under section             
#dad7v77#b77;,b77i7 7as otherwise       
determined for purposes of paragraph    
7#a77;,c77 shall be twice such amount   
7as determined without regard to this   
subclause74  7,c7 ,definitions ,for     
purposes of this paragraph-- 7i7        
,qualified ready reservist ,the term    
qualified ready reservist means any     
individual for any taxable year if such 
individual received compensation for    
service as a member of the ,ready       
,reserve of a reserve component 7as     
defined in section #aja of title #cg1   
,united ,states ,code7 during such      
taxable year4  7ii7 ,specified ,federal 
employee ready reservist ,the term      
specified ,federal employee ready       
reservist means any individual for any  
taxable year if such individual-- 7,i7  
is a qualified ready reservist for such 
taxable year1  7,,ii7 would be eligible 

to make elective deferrals with respect 
to the ,thrift ,savings ,fund 7as       
defined in section #ggja7;j77 during    
such taxable year determined without    
regard to the service of such individual
 described in clause 7i71 and  7,,iii7  
is not eligible to make elective        
deferrals with respect to any plan other
 than such ,thrift ,savings ,fund during
 such taxable year4  4  7b7 ,effective  
date ,the amendment made by this section
 shall apply to taxable years beginning 
after the date of the enactment of this 
,act4