HR9489Referred to Committee

GRACE for Military Survivors Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-06-25
Introduced
11
Cosponsors
HR
Type

Sponsor

Mike Thompson
Mike Thompson
Democrat · CA · Representative
Votes with party: 97.4% (583 recorded votes)

Full profile: /officials/T000460

Source: Congress.gov · FEC

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.

2026-06-25

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The legislation would provide tax relief and financial assistance to surviving spouses and dependents of military service members who die on active duty or from service-connected injuries. It aims to reduce the financial burden on military families during their time of grief by offering benefits such as extended tax deductions, survivor benefit adjustments, or other forms of economic support. The bill would primarily affect military families and survivors who have lost loved ones in service to the country.

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. 9489 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 9489 To amend the Internal Revenue Code of 1986 to extend the time period for the contribution of military death benefits to Roth IRAs and Coverdell education savings accounts. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 25, 2026 Mr. Thompson of California (for himself, Mr. Steube, Mr. Vargas, Mr. Bergman, Mr. Ellzey, Ms. Norton, Mr. Buchanan, Ms. Sewell, Mr. Harrigan, Ms. Moore of Wisconsin, Mrs. Kiggans of Virginia, and Mr. Thanedar) 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 extend the time period for the contribution of military death benefits to Roth IRAs and Coverdell education savings accounts. 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 ``GRACE for Military Survivors Act''. SEC. 2. EXTENSION OF TIME PERIOD FOR CONTRIBUTION OF MILITARY DEATH BENEFITS TO ROTH IRAS AND COVERDELL EDUCATION SAVINGS ACCOUNTS. (a) In General.--Sections 408A(e)(2)(A) and 530(d)(9)(A) of the Internal Revenue Code of 1986 are each amended by striking ``1-year period'' and inserting ``3-year period''. (b) Effective Dates.-- (1) In general.--Except as provided by paragraph (2), the amendments made by this section shall apply to amounts received under section 1477 of title 10, United States Code, or section 1967 of title 38 of such Code, on or after the date of the enactment of this Act. (2) Application of amendments to amounts received between october 7, 2001 and before enactment.--The amendments made by this section shall apply to any contribution made pursuant to section 408A(e)(2)(A) or 530(d)(5) of the Internal Revenue Code of 1986, as amended by this Act, with respect to amounts received under section 1477 of title 10, United States Code, or section 1967 of title 38 of such Code, on or after October 7, 2001, and before the date of the enactment of this Act, if such contribution is made before the later of-- (A) the date which is 3 years after the date on which such amounts were so received, or (B) the date which is 1 year after the date of the enactment of this Act. <all>

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