Text: H.R.3583 — 115th Congress (2017-2018)All Information (Except Text)

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Introduced in House (07/28/2017)


115th CONGRESS
1st Session
H. R. 3583


To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for attorney fees and costs in connection with civil claim awards.


IN THE HOUSE OF REPRESENTATIVES

July 28, 2017

Mr. Ellison introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for attorney fees and costs in connection with civil claim awards.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Above-the-line deduction for attorney fees and costs in connection with civil claim awards.

(a) In general.—Paragraph (20) of section 62(a) of the Internal Revenue Code of 1986 is amended by inserting “any civil action, including” after “in connection with”.

(b) Effective date.—The amendment made by this section shall apply to attorney fees and court costs paid during taxable years ending after the date of the enactment of this Act with respect to any judgment or settlement occurring during such taxable years.