Bills · HR 715
IN COMMITTEE· 119TH CONGRESS
House BillHR 715Taxation
BNA Fairness Act
INTRO JAN 23· LAST ACTION JAN 23
READING
1MIN
COSPONSORS
19BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill directly affects active-duty military members and their families who currently qualify for and receive the Basic Needs Allowance. These are typically service members whose household income, including certain allowances, falls below 130% of the federal poverty line.
By making this allowance tax-free, these individuals and families would see an increase in their net income, as they would no longer pay federal income tax on that specific payment. This provides them with more financial resources to cover basic necessities.
KEY PROVISIONS
3AI-extractedPROVISION 01
Excludes the Basic Needs Allowance (BNA) received by members of the Armed Forces from their gross income for federal tax purposes.
This means military families receiving the BNA will no longer pay federal income tax on that money, increasing their take-home pay.
PROVISION 02
Amends the Internal Revenue Code to classify the Basic Needs Allowance as a "qualified military benefit."
This officially designates the BNA as a tax-exempt military benefit, aligning it with other non-taxable allowances for service members.
PROVISION 03
The tax changes in the bill will apply to all taxable years that end after the date the bill officially becomes law.
This sets the specific timeframe for when military members can start benefiting from the tax exemption.
SPONSORSHIP
1 + 19
R· Arkansas
YRS IN OFFICE
15
BILLS LED
11
COSPONSOR BREAKDOWNBIPARTISAN · 73%
DEM 7 REP 12 IND 0
ACTION TIMELINE
2 EVENTSJAN 23
Introduced in House
JAN 23
Referred to the House Committee on Ways and Means.
BILL INFO
TypeHouse Bill
NumberHR 715
Congress119th
StatusIn Committee
IntroducedJan 23, 2025
Last actionJan 23, 2025
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED JAN 23, 2025
House BillHR 715Taxation
BNA Fairness Act
INTRODUCED JAN 23, 2025· LAST ACTION JAN 23, 2025
PASSAGE CHANCES
—%
READING
1 min
COSPONSORS
19
COMPLEXITY
Moderate
