The bill H. R. 2565 aims to amend the Internal Revenue Code of 1986 to make enlistment and reenlistment bonuses for U.S. armed forces members exempt from being counted as gross income. This would mean that these bonuses would not be subject to federal income tax. The bill...
Simple Explanation
The bill wants to change the rules so that when soldiers get extra money for joining or staying in the army, they don’t have to give some of it away for taxes.