H. R. 715, known as the "BNA Fairness Act," proposes to change the Internal Revenue Code of 1986. This bill aims to exclude the basic needs allowance provided to members of the Armed Forces from being counted as part of their gross income. The basic needs allowance is defined...
Simple Explanation
H. R. 715 wants to change the tax rules so that a special money called the "basic needs allowance" given to soldiers is not counted as part of their income, which means they won't have to pay taxes on that money.