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H.R. 3445

BillFederalHouseIn Committee
Stop Deducting Damages Act of 2013
About This Bill
Committee
Latest Action · October 30, 2013
Referred to the House Committee on Ways and Means.
Congress
113th (2013–2015)
Introduced
October 30, 2013
Cosponsors (18)
18D 0R
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Summary

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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.

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