S 2059
114th Congress
Senate
Taxation
Civil actions and liability
Employment discrimination and employee rights
Income tax exclusion
Tax administration and collection, taxpayers
Wages and earnings
Civil Justice Tax Fairness Act of 2015
Introduced: September 17, 2015
Introduced by:
Collins, Susan M.
Republican
· Maine
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 17, 2015
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6815)
Sep 17, 2015
Introduced in Senate
Plain-English summary
Civil Justice Tax Fairness Act of 2015
This bill amends the Internal Revenue Code to allow: (1) an exclusion from gross income for amounts received (whether by judgment or settlement, as lump sums or periodic payments) on account of a claim of unlawful discrimination; (2) income averaging for backpay or frontpay amounts received from such claims; and (3) an exemption from the alternative minimum tax (AMT) for any tax benefit resulting from the income averaging of amounts received from an unlawful discrimination claim.
What's happening now
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6815)
Committees of jurisdiction
1