SB19


 * SB19**- //Coming Home With Relief//


 * Proposed by**: J.Lieberth (Delaware/Republican), H.Jones (New Jersey/Republican), J.Contes (California/Republican)


 * Category of bill **: national defense/economy

This proposed bill will be funded by The __Department of Veterans Affairs__ with a budget of roughly 3 billion dollars. The bill is about giving tax breaks to incoming veterans who need a few years to get their lives back together. When veterans retire from the military more often than not they are behind the civilian world. They may be financially struggling and unable to find employment. This tax break will give a 5% **(this amount is negotiable)** income tax break. This could be enough money so that a veteran could have extra time to get their life back. They could use this time to go to college instead of working many jobs. It could allow them if they have a college degree to find a job. However, if the returning veteran does not have a steady source of income it shall be a tax break on all local taxes. such as water, electricity, property, etc. This is just to give returning veterans an extra boost to get them back on their feet.
 * Purpose: **

This bill is to help retiring veterans come back into the civilian world. We would first begin with the committees. Once the bill passes we will go through the full congress. Hopefully the bill will pass and if not we will amend it so that it does. We than will present the bill to the department of veteran affairs. They have a budget of roughly about 56 billion dollars from the national defense budget. We plan to go to them and decide based on how many veterans are supposed to retire how much it should be funded by through the agency. Through our estimations we think that the amount of money we need to fund through the agency runs anywhere about 3 billion dollars and 5 billion dollars. Just a reminder this is for retiring military personal not everybody at once. The bill we plan will take place on January 1st 2014. We will do this because we do not want to take out any money we do not need to take out because our military is currently at war. So we do not want to spend the money until we can afford to pay for the bill. As soon as the bill takes affect it will stay in affect until congress decides to take it out. So from here on out the bill will affect all the veterans who retire from the military. The affect of this bill is that we will o**ffer a 5 year 100%** tax break for all retiring veterans who meet the service requirements. We hope that it will be a help for those who are struggling and joined the military for financial reasons. It will also be big thanks from America for those people who sacrifice family, friends, and homes to protect our freedom.
 * Terms and Benefits: **
 * Eligibility **: to qualify for the tax break, the veteran must
 * Have served at least 5 years in the armed services,
 * Have served at least **1Tour** overseas.
 * Fully retire from the military upon arrival home.

The bill will cost roughly about three billion dollars. It will be funded through __The Department of Veteran Affairs__. The reason that it costs this much is that there are a couple of million service members in the military. And when they get out they are going to qualify, but the government still needs the money. So in order to offset the cost of losing the money it will be taken out of the federal budget.
 * Fiscal Impact: **