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Economy and Tax Reform

Carter, Larsen Bill to Protect Gold Star Families Passes House

| Posted in Press Releases

Today, the House of Representatives passed Representative John Carter (TX-31) and Representative Rick Larsen's (WA-02) legislation to change the tax law for Gold Star families receiving survivor benefits. The Children of Fallen Servicemembers AMT Relief Act updates the federal tax law to count Survivor Benefit Plan annuities paid to a minor beneficiary as earned income, so the payment would not fall under the Alternative Minimum Tax. The legislation was included within a larger package, H.R. 1994 the SECURE Act.

Carter Pledges Support for Bill that Will Ensure Social Security Fairness for Teachers, Firefighters, and Police Officers

| Posted in Press Releases

Congressman John Carter (TX-31) has pledged his support for Congressman Kevin Brady's Equal Treatment of Public Servants Act by cosponsoring the legislation. This bill will eliminate Social Security's Windfall Elimination Provision (WEP) and replace it with a new formula that ensures teachers, firefighters police officers, and other public servants receive Social Security benefits based on work history.

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