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S. 1224

BillFederalSenateIn Committee
Civil Justice Tax Fairness Act of 2013
About This Bill
Committee
Latest Action · June 26, 2013
Read twice and referred to the Committee on Finance.
Congress
113th (2013–2015)
Introduced
June 26, 2013
Cosponsors (3)
2D 1R
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Summary

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Civil Justice Tax Fairness Act of 2013 - Amends the Internal Revenue Code to allow: (1) an exclusion from gross income for amounts received (whether by judgment or settlement, as lump sums or periodic payments) on account of a claim of unlawful discrimination; (2) income averaging for backpay and frontpay amounts received from such claims; and (3) an exemption from the alternative minimum tax (AMT) for any tax benefit resulting from the income averaging of amounts received from an unlawful discrimination claim.

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