Plain English Breakdown
The bill is still under study and has not been enacted.
Law for Prisoners of War
This law proposes an income tax exemption for prisoners of war.
What This Bill Does
- Proposes to create an exemption from income tax for prisoners of war.
Who It Names or Affects
- Prisoners of War
Terms To Know
- prisoner of war
- A person who has been regularly appointed, enrolled, enlisted or inducted into the military forces of the United States and captured by an enemy during an armed conflict.
Limits and Unknowns
- The bill does not specify how to apply for this tax exemption.
- It is unclear when or if this law will become active.