Bill113th CongressFiled Oct 30, 2013Taxation
H.R. 3445
Stop Deducting Damages Act of 2013
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Oct 30, 2013)
Stop Deducting Damages Act of 2013 - Amends the Internal Revenue Code to: (1) deny a tax deduction for any amount paid or incurred for compensatory or punitive damages in connection with any judgment in, or settlement of, any action against a government; and (2) include in gross income any amount paid as insurance or otherwise due to liability for punitive damages.
What just happenedOct 30, 2013
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Welch, Peter [D-VT-At Large](D-VT)Sponsor
18 cosponsors18 D
18cosponsors1committees3actions4subjects
- Introduced in HouseOct 30, 2013
- Oct 30, 2013IntroReferralH11100
Referred to the House Committee on Ways and Means.
- Oct 30, 2013IntroReferralIntro-H
Introduced in House
- Oct 30, 2013IntroReferral1000
Introduced in House