This bill extends tax relief protections to Coast Guard members with combat-related injuries, bringing them under the same tax fairness rules that currently apply to other military branches. Specifically, it amends the 2016 Combat-Injured Veterans Tax Fairness Act to include Coast Guard personnel regardless of which federal department oversees the Coast Guard at any given time (Homeland Security, Transportation, or Navy). The bill requires the Secretaries of Homeland Security and Transportation to identify any taxes improperly withheld from Coast Guard combat veterans' severance payments and report findings within one year of enactment, while also ensuring future severance payments are handled correctly from the bill's effective date. The legislation addresses a gap in existing protections by clarifying that Coast Guard combat-injured veterans receive the same tax treatment as their counterparts in the Army, Navy, Air Force, and Marines.
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