Veteran Headstone Honor Act

The Veteran Headstone Honor Act creates a tax credit for private cemeteries that attach official veteran headstone medallions to deceased individuals' markers. This financial incentive allows eligible cemeteries to claim a dollar-for-dollar reduction in their federal income tax liability for the specific costs of affixing these medallions. To receive the credit, the cemetery must certify to the IRS that the medallion has been installed and provide an itemized statement of the expenses incurred. The legislation applies to medallions defined under existing federal law and takes effect for expenses paid or incurred after the bill is enacted.