HR 5994
111th Congress
House
Taxation
Civil actions and liability
Competition and antitrust
Income tax deductions
Income tax exclusion
Life, casualty, property insurance
Stop Deducting Damages Act of 2010
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 30, 2010
Referred to the House Committee on Ways and Means.
Jul 30, 2010
Introduced in House
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Plain-English summary
Stop Deducting Damages Act of 2010 - Amends the Internal Revenue Code to: (1) deny a tax deduction for any amount paid or incurred for punitive damages in connection with any judgment in, or settlement of, any legal action; and (2) include any amount paid as punitive damages in gross income for income tax purposes.
What's happening now
Referred to the House Committee on Ways and Means.
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 5994: Stop Deducting Damages Act of 2010. 111th Congress. Open America. https://openamerica.io/bill/111-HR-5994/
"H.R. 5994: Stop Deducting Damages Act of 2010." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-5994/.
H.R. 5994, 111th Cong. (2026), https://openamerica.io/bill/111-HR-5994/.
[H.R. 5994: Stop Deducting Damages Act of 2010](https://openamerica.io/bill/111-HR-5994/)