Skip to main content
HR 7021 110th Congress House Taxation Correctional facilities and imprisonment Employment taxes Government liability Income tax credits Income tax exclusion

Wrongful Convictions Tax Relief Act of 2008

Introduced: September 23, 2008 Introduced by: Larson, John B. Democratic · Connecticut See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 23, 2008
Referred to the House Committee on Ways and Means.
Sep 23, 2008
Introduced in House
 Plain-English summary Congressional Research Service

Wrongful Convictions Tax Relief Act of 2008 - Amends the Internal Revenue Code to allow wrongfully incarcerated individuals: (1) an exclusion from gross income for compensation received relating to their incarceration and for the first $50,000 of annual income received by such an individual after December 31, 2007; and (2) a refundable tax credit for 50% of payroll taxes on employment and self-employment income, up to $50,000 of such income. Limits the duration of such tax benefits to the lesser of 15 years or the number of years such an individual was incarcerated.

Defines "wrongfully incarcerated individual" as an individual who was convicted of a criminal offense and was then pardoned or found not guilty of such offense because of innocence after serving all or a portion of a prison term. Disqualifies individuals with prior convictions punishable by more than one year of imprisonment.

What's happening now September 23, 2008

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3