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United States · Bill · HR

H.R. 2486 (114th)

Stop Deducting Damages Act of 2015

referredUnited States· United States Congress· EN

Introduced

20 May 2015

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

12 August 2025

Summary

Stop Deducting Damages Act of 2015 Amends the Internal Revenue Code to: (1) deny a tax deduction for any amount paid or incurred for compensatory or punitive damages in connection with any judgment in, or settlement of, any action against a government; and (2) include in gross income any amount paid as insurance or otherwise due to liability for punitive damages.

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Documents

3 official files

Introduced in House (text)

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Sources

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