To amend the Internal Revenue Code of 1986 to provide that governmental pension plans may include certain firefighters, emergency medical technicians, and paramedics, and for other purposes.

HR 5241 amends tax code provisions to allow governmental pension plans to include firefighters, emergency medical technicians (EMTs), and paramedics who work full-time in firefighting or out-of-hospital emergency medical services for public safety agencies under local government contracts. The bill prevents these pension plans from being disqualified as "governmental plans" solely because they cover these specific public safety workers, as defined by the Homeland Security Act. This change directly affects state and local government pension systems that serve emergency response personnel. The policy update applies to plan years starting after the bill's enactment.