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S. 437

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to allow the deduction of attorney-advanced expenses and court costs in contingency fee cases.
About This Bill
Committee
Latest Action · February 13, 2009
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2325-2326)
Congress
111th (2009–2011)
Introduced
February 13, 2009
Sponsor
Sen. Arlen SpecterR
Cosponsors (8)
5D 3R
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Summary

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Amends the Internal Revenue Code to allow attorneys a tax deduction in the current taxable year for reimbursable expenses and court costs which they pay or incur in connection with contingency fee cases.

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