SENATE 766117th CongressRead twice and referred to the Committee on Finance.
End Double Taxation of Successful Consumer Claims Act
- Last Action
- 3/16/2021
Actions
- 2021-03-16Read twice and referred to the Committee on Finance.
- 2021-03-16Introduced in Senate
CRS Summary
As of 2021-03-16 (00)
End Double Taxation of Successful Consumer Claims Act
This bill allows a deduction from gross income (above-the-line deduction) for attorney fees and court costs in connection with a claim of a consumer protection violation.
Cosponsors (18)
- Sherrod Brown (D-OH)
- Richard Blumenthal (D-CT)
- Robert Menendez (D-NJ)
- Edward Markey (D-MA)
- Chris Van Hollen (D-MD)
- Alex Padilla (D-CA)
- Elizabeth Warren (D-MA)
- Kirsten Gillibrand (D-NY)
- Jeanne Shaheen (D-NH)
- Dianne Feinstein (D-CA)
- Timothy Kaine (D-VA)
- Patty Murray (D-WA)
- Brian Schatz (D-HI)
- Bob Casey (D-PA)
- Sheldon Whitehouse (D-RI)
- Michael Bennet (D-CO)
- Cory Booker (D-NJ)
- Jeff Merkley (D-OR)
Subjects
- Business ethics
- Civil actions and liability
- Consumer affairs
- Consumer credit
- Income tax deductions
- Legal fees and court costs
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.