US HB3550 | 2015-2016 | 114th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on September 17 2015 - 25% progression, died in committee
Action: 2015-09-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 17 2015 - 25% progression, died in committee
Action: 2015-09-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
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 on account of a judgment or settlement resulting from a claim of unlawful discrimination, (2) income averaging for backpay and 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.
Title
Civil Justice Tax Fairness Act of 2015
Sponsors
Rep. John Lewis [D-GA] | Rep. James Sensenbrenner [R-WI] | Rep. Steve Cohen [D-TN] |
History
Date | Chamber | Action |
---|---|---|
2015-09-17 | House | Referred to the House Committee on Ways and Means. |
2015-09-17 | House | Introduced in House |
Same As/Similar To
SB2059 (Related) 2015-09-17 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6815)
Subjects
Civil actions and liability
Employment discrimination and employee rights
Income tax exclusion
Tax administration and collection, taxpayers
Taxation
Wages and earnings
Employment discrimination and employee rights
Income tax exclusion
Tax administration and collection, taxpayers
Taxation
Wages and earnings
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/3550/all-info |
Text | https://www.congress.gov/114/bills/hr3550/BILLS-114hr3550ih.pdf |