Bonus Tax Relief for America’s Seniors Act

# Bonus Tax Relief for America's Seniors Act (HR 1130) **What the Bill Would Do** This bill would provide tax relief specifically for seniors by allowing them to exclude certain bonus payments from their taxable income. The legislation aims to reduce the tax burden on older Americans who receive bonuses, potentially saving them money on their annual tax bills. However, the bill's specific details—such as which types of bonuses qualify, income limits, or how much can be excluded—are not publicly detailed in the available information. **Who It Affects and Current Status** The bill would primarily benefit seniors (typically defined as Americans age 65 and older) who receive bonus payments from employers or other sources. It was introduced by Rep.

Nicole Malliotakis (R-NY) in the 119th Congress. Currently, the bill remains **in committee**, meaning it has not yet advanced to a full House floor vote and has not been passed into law. No timeline for further action has been announced.