Political Quotes

“Mr. President, I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text of the bill was ordered to be printed in the Record, as follows: S. 2686 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 ``Wounded Warrior Tax Equity Act of 2014''. SEC. 2. PREVENTION OF EXTENSION OF TAX COLLECTION PERIOD FOR MEMBERS OF THE ARMED FORCES WHO ARE HOSPITALIZED AS A RESULT OF COMBAT ZONE INJURIES. (a) In General.--Section 7508(e) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: ``(3) Collection period after assessment not extended as a result of hospitalization.--With respect to any period of continuous qualified hospitalization described in subsection (a) and the next 180 days thereafter, subsection (a) shall not apply in the application of section 6502.''. (b) Effective Date.--The amendment made by this section shall apply to taxes assessed before, on, or after the date of the enactment of this Act. ______”