RepublicanBill · H.R. 2565· House(119-HR-2565)

No Tax on Bonuses Act of 2025

Rep. Mast
Age: 46 years
Florida
Introduced
4/1/2025
Last activity
4/1/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
Brian Mast
Cosponsors
Republican - 3Democrat - 0
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "No Tax on Bonuses Act of 2025," seeks to change the Internal Revenue Code of 1986. It aims to exclude specific bonuses from the gross income of members of the armed forces. These bonuses include enlistment, accession, reenlistment, retention, incentive, or other bonuses. The bonuses are paid by the Secretary concerned in exchange for service commitments or agreements. The changes would apply to taxable years beginning after the Act is enacted.

Yes

  • Does this cut taxes for middle-income families?+5

    Military personnel receiving bonuses would see an increase in take-home pay due to the tax exclusion.

The opposite

  • Does this reduce what the federal government owes?-1

    Tax exclusions reduce federal revenue, which could slightly increase the deficit.