H.R. 9020 — Introduced in House

I 117th CONGRESS 2d Session H. R. 9020 IN THE HOUSE OF REPRESENTATIVES September 28, 2022Mr. Ryan of Ohio (for himself, Mr. Kelly of Mississippi, Mr. Kildee, Mr. Kim of New Jersey, Mr. Kahele, and Mr. Kilmer) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to decrease the distance away from home required for a member of a reserve component of the Armed Forces to be eligible for the above-the-line deduction for travel expenses. 1. Short title This Act may be cited as the Savings for Servicemembers Act. 2. Decrease in required distance away from home for above-the-line deduction for travel expenses of members of a reserve component of the Armed Forces (a) In general Section 62(a)(2)(E) of the Internal Revenue Code of 1986 is amended by striking 100 miles and inserting 50 miles. (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2021.