A bill to amend the Internal Revenue Code of 1986 to repeal the Trump tax increase on victims of sexual harassment.
United States115th CongressS-2820Senate
Updated: May 10, 2018
Summary
Repeal the Trump Tax Hike on Victims of Sexual Harassment Act of 2018 This bill amends the Internal Revenue Code to modify a provision that prohibits a tax deduction for: (1) a settlement or payment related to sexual harassment or sexual abuse if such settlement or payment is subject to a nondisclosure agreement, or (2) attorney's fees related to such a settlement or payment. The bill specifies that the limitation on the deductibility of attorney's fees applies only to the taxpayer who is prohibited from deducting the cost of the payment or settlement and not the taxpayer who is receiving the payment or settlement.
Bill texts
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Timeline
Read twice and referred to the Committee on Finance.
Senate
Introduced in Senate
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