To amend the Internal Revenue Code of 1986 to modify the treatment of certain payments made with respect to sexual misconduct.
Stop Tax Breaks for Sexual Misconduct Act
This bill amends the Internal Revenue Code to prohibit a tax deduction for trade or business expenses paid or incurred for: (1) liability insurance providing coverage with respect to sexual misconduct by an employee; or (2) damages, settlement costs, or attorney's fees with respect to sexual misconduct by an employee.
The bill also excludes from gross income amounts received as damages or settlement payments on account of injuries due to sexual misconduct.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line