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S. 1224

Civil Justice Tax Fairness Act of 2013

Civil Justice Tax Fairness Act of 2013 - 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 and 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.

Read twice and referred to the Committee on Finance.

Sen. Cardin, Benjamin L. [D-MD](D-MD)Sponsor
3 cosponsors2 D1 R
3cosponsors1committees2actions1related bills5subjects
  • Introduced in SenateJun 26, 2013
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

  2. IntroReferral10000

    Introduced in Senate

Civil Justice Tax Fairness Act of 2013 — Informed