S.1977 - Honor Our Promise Act

A bill to repeal section 403 of the Bipartisan Budget Act of 2013, relating to an annual adjustment of retired pay for members of the Armed Forces under the age of 62, and to provide an offset. view all titles (2)

All Bill Titles

  • Short: Honor Our Promise Act as introduced.
  • Official: A bill to repeal section 403 of the Bipartisan Budget Act of 2013, relating to an annual adjustment of retired pay for members of the Armed Forces under the age of 62, and to provide an offset. as introduced.

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Introduced
 
Senate
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House
Passes
 
President
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01/30/14
 
 
 
 
 
 
 

Official Summary

Honor Our Promise Act - Repeals the provision of the Bipartisan Budget Act of 2013 that reduces the cost-of-living adjustment to the retirement pay of members of the Armed Forces under age 62. Amends the Internal Revenue Code to require taxpayers who are claiming the refundable portion of

Official Summary

Honor Our Promise Act - Repeals the provision of the Bipartisan Budget Act of 2013 that reduces the cost-of-living adjustment to the retirement pay of members of the Armed Forces under age 62. Amends the Internal Revenue Code to require taxpayers who are claiming the refundable portion of the child tax credit to include the name and taxpayer identification number (e.g., social security number) of their qualifying child on their tax returns.

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