IN THE SENATE OF THE UNITED STATES
October 17, 2019
Ms. Cortez Masto (for herself, Mr. Van Hollen, and Mr. Merkley) introduced the following bill; which was read twice and referred to the Committee on Finance
To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for attorney fees and costs in connection with civil claim awards.
This Act may be cited as the
End Double Taxation of Successful Civil Claims Act.
Above-the-line deduction for attorney fees and costs in connection with civil claim awards
The first sentence of paragraph (20) of section 62(a) of the Internal Revenue Code of 1986 is amended by striking
in connection with any action and all that follows and inserting
in connection with any civil action..
The amendment made by this section shall apply to attorney fees and court costs paid during taxable years ending after the date of the enactment of this Act with respect to any judgment or settlement occurring during such taxable years.