To amend the Internal Revenue Code of 1986 to exclude from gross income amounts received as damages and attorneys fees and costs under Federal whistleblower protection laws and to allow income averaging for amounts received as lost income.
Federal Whistleblower Protection Tax Act of 2004 - Amends the Internal Revenue Code to exclude from gross income damages (other than punitive damages and lost income) and amounts awarded as attorney fees and costs for claims under Federal whistleblower provisions prohibiting the discharge of, or discrimination, retaliation, or reprisal against, an employee for asserting rights or taking permitted actions. Provides for the averaging of such lost income for income tax purposes.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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