Patriot Penalty Elimination Act of 2005
Summary
The Patriot Penalty Elimination Act of 2005 was designed to reduce the financial burden on members of the National Guard and Reserves who experience a loss of income when called to active duty. The bill would have required the military to provide "income preservation pay" to eligible service members serving overseas to help bridge the gap between their civilian salaries and their lower military pay, up to a limit of $50,000. Additionally, the legislation proposed a tax credit for employers who continue to pay their employees while they are deployed, encouraging businesses to support their staff during military service.
AI-generated summary
Lifecycle of the Bill
No events recorded for this stage yet.