To amend the Internal Revenue Code of 1986 to exclude military bonuses from gross income.

This bill (HR 3515) amends the tax code to exclude certain military bonuses from taxable income. It directly affects active-duty members of the uniformed services who receive bonuses under Chapter 5 of Title 37, U.S. Code. The key provision replaces a general tax exclusion with a specific one for these military bonuses, removing them from gross income calculations. The change takes effect for tax years beginning after December 31, 2024.