United States · Bill · S
S. 169 (114th)
No Tax Write-offs for Corporate Wrongdoers Act
Introduced
13 January 2015
Last action
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Status
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S204-205)
Sponsors
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Subjects
Discovery layer
Source updated
12 August 2025
Summary
No Tax Write-offs for Corporate Wrongdoers Act Amends the Internal Revenue Code to: (1) deny a tax deduction for any amount paid or incurred for punitive damages in connection with any judgment in, or settlement of, any legal action; and (2) include any amount paid as punitive damages in gross income for income tax purposes.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 13 January 2015
Introduced in Senate (PDF)
Introduced in Senate · EN · 13 January 2015
Introduced in Senate
summary · EN · 13 January 2015
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/114th-congress/senate-bill/169
- Open data entity: https://api.congress.gov/v3/bill/114/s/169