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bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      House Committee on Ways and Means
    IntroducedOctober 30th, 2013

What is it?

This bill would prohibit companies from deducting damages paid to the government from their taxes. 

Impact

This bill affects businesses in trouble with the Feds.

Cost

A CBO cost estimate is not available.

AKA

Stop Deducting Damages Act of 2013

Official Title

To amend the Internal Revenue Code of 1986 to disallow deductions for the payment of compensatory and punitive damages to a government, and for other purposes.

    Takers why should they get that deductions for taxes that they already paid you mean they want to get that tax money back for what they pay taxes more mumbo-jumbo Just like right now trumps on their talents Cheryl Atkinson and full measure that all that was just terrible what they did to Bernie Sanders horrible he says horrible uses big words I don’t see it that way I saw Bernie Sanders not a Democrat run against Hillary Clinton who is a Democrat and I would be a bit surprised if Donald Trump didn’t fund that campaign and now he’s really trying to get his money‘s worth out of that
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