118th Congress · SENATE BILLBILL

S. 2967 — Intelligence Community Workforce Agility Protection Act of 2023

“A bill to amend the Internal Revenue Code of 1986 to expand the treatment of moving expenses to employees and new appointees in the intelligence community who move pursuant to a change in assignment that requires relocation, and for other purposes.”

Taxation

Introduced Sep 28, 2023

Last action Sep 28, 2023

Pipeline · Bill → Law

Step 1

Introduced

Sep 28, 2023

Step 2

Referred

Sep 28, 2023

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill allows a current tax deduction for the moving and traveling expenses of an employee or new appointee of the intelligence community who moves due to a change in assignment that requires relocation. It also allows a current tax exclusion for such employees or appointees for moving expense reimbursements. Under current law, the tax deduction and exclusion for the moving expenses of other taxpayers are suspended for the period beginning in 2018 through 2025.

Provisions · 3 sectionsIntroduced in Senate

Timeline · 2 actions

Sep 28, 2023

Introduced in Senate

Sep 28, 2023

Read twice and referred to the Committee on Finance.