H.R. 6120 — SROS Act

This section establishes a new exclusion from gross income for retirement income received by qualified retired members of the Armed Forces or law enforcement officers (as defined in 34 U.S.C. 10533) who are employed as school resource officers (SROs, i.e., career law enforcement officers assigned to schools to address crime, gangs, drugs, and related issues). (Thus, during SRO employment—provided the individual cleared a background check and complies with state peace officer standards—the exclusion applies to pension, annuity, or similar payments tied to prior service; it becomes lifetime after 10 years of SRO service.) The section also requires law enforcement agencies to report SRO employment start and end dates to the Treasury Secretary (with penalties for noncompliance) and directs issuance of implementing regulations within 180 days of enactment. The provisions apply to taxable years beginning after enactment.