Section 1 Short title
This Act may be cited as the “Human Trafficking Survivor Tax Relief Act”.
Human Trafficking Survivor Tax Relief Act
A BILL
To amend the Internal Revenue Code of 1986 to provide an exemption from gross income for civil damages as recompense for trafficking in persons.
Sec. 2 Exempting from Federal income taxation civil damages awarded under section 1595 of title 18, United States Code
In general— Part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting before section 140 the following new section:
“139H. Certain amount received as civil damages as recompense for trafficking in persons
“(a) Exclusion from gross income—Gross income shall not include any civil damages, restitution, or other monetary award (including compensatory or statutory damages and restitution imposed in a criminal matter) awarded in an action under section 1595 of title 18, United States Code.”
Conforming amendment— The table of sections for part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting before the item relating to section 140 the following new item:
Effective date— The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.