Summary: S.2059 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for S.2059. Bill summaries are authored by CRS.

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Introduced in Senate (09/17/2015)

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.