Military Reserve Mobilization Income Security Act of 2005

Summary

Military Reserve Mobilization Income Security Act of 2005 - Amends the Internal Revenue Code to allow members of the National Guard or the Ready Reserve who have been activated for military duty a refundable income tax credit for the lesser of: (1) the excess of such reservist's daily civilian compensation over the reservist's daily military pay while on active duty or full-time National Guard duty; or (2) $54.80 per day. Includes the amount of such credit in the reservist's gross income.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 17 February 2005

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 17 February 2005

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• Introduced in Senate

  summary · EN · 17 February 2005

  Open at official source

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