WASHINGTON, D.C. - House Ways and Means Committee Chairman Charles B. Rangel (D-NY) last night introduced HR 3997, the “Heroes Earnings Assistance and Relief Tax Act of 2007," a measure designed to help members of the military and their families, as well as others volunteering in service in America. The Committee will consider the legislation tomorrow, Thursday, November 1 at 11:00 am.
“This legislation honors the hard sacrifice the women and men serving in the armed forces make for this great country of ours," Rangel said after introducing the bill. “The HEART Act also gives deserving tribute to contributions of the legions of volunteer firefighters and emergency personnel who are our first line of defense against calamities large and small."
Extended military deployments in Iraq and Afghanistan have created significant economic hardships for many military families. While Congress has enacted a mix of temporary tax and social security provisions to ease some of the difficulties, the Heroes Act makes the necessary steps to make permanent relief to provide efficient economic relief to military families.
