H.R. 2519 — To amend the Internal Revenue Code of 1986 to allow the deduction of attorney-advanced expenses and court costs in contingency fee cases.

Summary

Amends the Internal Revenue Code to permit a tax deduction for expenses and court costs advanced in a contingency fee case, which shall be determined as if such expense or cost was not subject to repayment.

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Related Legislation

S. 437A bill to amend the Internal Revenue Code of 1986 to allow the deduction of attorney-advanced expenses and court costs in contingency fee cases.
2009-02-13Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2325-2326)
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Legislative Actions

2009-05-20
Introduced in House
2009-05-20
Introduced in House
2009-05-20
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to allow the deduction of attorney-advanced expenses and court costs in contingency fee cases.

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