HR9750Referred to Committee

Public Service Retirement Tax Relief Act of 2026

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-07-16
Introduced
0
Cosponsors
HR
Type

Sponsor

Michael Lawler
Michael Lawler
Republican · NY · Representative
Votes with party: 91.6% (598 recorded votes)
Top industries funding sponsor:
  • Abortion Rights$3k

Full profile: /officials/L000599

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2026-07-16

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The proposal would limit how much income tax people have to pay on certain types of pension income, effectively capping the tax rate applied to these retirement payments. This would primarily benefit retirees who receive pensions from their former employers or government jobs, potentially allowing them to keep more of their retirement income. The change would reduce tax revenue collected by the federal government from this source of income.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Full Bill Text

Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 9750 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 9750 To amend the Internal Revenue Code of 1986 to establish a cap on income taxes on certain pensions. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 16, 2026 Mr. Lawler introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to establish a cap on income taxes on certain pensions. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Public Service Retirement Tax Relief Act of 2026''. SEC. 2. CAP ON INCOME TAXES ON CERTAIN PENSIONS. (a) In General.--Section 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: ``(k) Special Rule for Individuals Receiving Certain Pensions.-- ``(1) In general.--The amount of tax imposed under this chapter may not exceed the sum of-- ``(A) the non-pension tax amount, plus ``(B) $10,000 ($20,000 in the case of a qualified joint return). ``(2) Non-pension tax amount.--For purposes of this subsection, the term `non-pension tax amount' means the amount of tax imposed under this chapter, determined without regard to income received from a pension provided by a State or local government. ``(3) Qualified joint return.--For purposes of this subsection, the term `qualified joint return' means a return of tax filed jointly by spouses who each receive income from a pension provided by a State or local government.''. (b) Effective Date.--The amendments made by this section shall apply to taxable years beginning after December 31, 2025. <all>