Human Trafficking Survivor Tax Relief Act

Bill: 118-s-159
Sponsor: full_name: Sen. Cornyn, John [R-TX]
Introduced: 2023-01-31
Policy area: Taxation
Subjects: Civil actions and liability

Crime victims

Criminal procedure and sentencing

Human trafficking

Income tax exclusion
Latest action: action_date: 2024-07-15
text: Held at the desk.

Summaries:
action_date: 2023-01-31
action_desc: Introduced in Senate
text: <p><b>Human Trafficking Survivor Tax Relief Act</b></p> <p>This bill excludes from gross income, for income tax purposes, any civil damages, restitution, or other monetary award (including compensatory or statutory damages and restitution imposed in a criminal matter) awarded pursuant to an order of mandatory restitution or in a criminal proceeding for peonage, slavery, or human trafficking.</p>

action_date: 2024-07-11
action_desc: Passed Senate
text: <p><strong>Human Trafficking Survivor Tax Relief Act&nbsp;</strong></p><p>This bill excludes from gross income, for income tax purposes, any civil damages, restitution, or other monetary award (including compensatory or statutory damages and restitution imposed in a criminal matter) awarded pursuant to an order of mandatory restitution or in a criminal proceeding for peonage, slavery, or human trafficking.&nbsp;</p>

tv_txt: 118th CONGRESS 2d Session S. 159 IN THE SENATE OF THE UNITED STATES AN ACT To amend the Internal Revenue Code of 1986 to provide an exemption from gross income for mandatory restitution or civil damages as recompense for trafficking in persons.

1. Short title This Act may be cited as the Human Trafficking Survivor Tax Relief Act . 2. Exempting from Federal income taxation restitution and civil damages awarded under sections 1593 and 1595 of title 18, United States Code (a) In general Part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting before section 140 the following new section: 139J. Certain amount received as restitution or civil damages as recompense for trafficking in persons (a) Exclusion from gross income Gross income shall not include any civil damages, restitution, or other monetary award (including compensatory or statutory damages and restitution imposed in a criminal matter) awarded— (1) pursuant to an order of restitution under section 1593 of title 18, United States Code, or (2) in an action under section 1595 of title 18, United States Code. . (b) Conforming amendment The table of sections for part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting before the item relating to section 140 the following new item: Sec. 139J. Certain amount received as restitution or civil damages as recompense for trafficking in persons. . (c) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.

Passed the Senate July 11 (legislative day, July 10), 2024. Secretary

tv_txt: II 118th CONGRESS 1st Session S. 159 IN THE SENATE OF THE UNITED STATES January 31, 2023 Mr. Cornyn (for himself, Mr. Wyden , Mr. Lankford , and Ms. Sinema ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to provide an exemption from gross income for mandatory restitution or civil damages as recompense for trafficking in persons.

1. Short title This Act may be cited as the Human Trafficking Survivor Tax Relief Act . 2. Exempting from Federal income taxation restitution and civil damages awarded under sections 1593 and 1595 of title 18, United States Code (a) In general Part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting before section 140 the following new section: 139J. Certain amount received as restitution or civil damages as recompense for trafficking in persons (a) Exclusion from gross income Gross income shall not include any civil damages, restitution, or other monetary award (including compensatory or statutory damages and restitution imposed in a criminal matter) awarded— (1) pursuant to an order of restitution under section 1593 of title 18, United States Code, or (2) in an action under section 1595 of title 18, United States Code. . (b) Conforming amendment The table of sections for part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting before the item relating to section 140 the following new item: Sec. 139J. Certain amount received as restitution or civil damages as recompense for trafficking in persons. . (c) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.