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S. 2059

BillFederalSenateIn Committee
Civil Justice Tax Fairness Act of 2015
About This Bill
Committee
Latest Action · September 17, 2015
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6815)
Congress
114th (2015–2017)
Introduced
September 17, 2015
Cosponsors (1)
1D 0R
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Summary

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Civil Justice Tax Fairness Act of 2015 This bill 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 or 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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