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US HB2347
Bill
Status
Engrossed
4/28/2026
Primary Sponsor
Lloyd Smucker
Click for details
AI Summary
- Excludes compensatory damages received for sexual acts or sexual contact from federal gross income taxation, while punitive damages remain taxable
- Allows damages to qualify for the tax exclusion if the judgment or settlement agreement states the damages are on account of sexual acts or sexual contact
- Prohibits the IRS from denying the tax exclusion solely because the survivor lacks medical records documenting the abuse
- Applies to judgments and settlement agreements entered into after the bill's enactment date
- Requires the Treasury Secretary, in consultation with the DOJ Office on Violence Against Women, to conduct a public awareness campaign about this tax exclusion
Legislative Description
Survivor Justice Tax Prevention Act
Taxation
Last Action
Received in the Senate.
4/28/2026
Committee Referrals
Ways And Means3/25/2025
Full Bill Text
No bill text available