3.0.0 1654 2023-01-11T13:23:45Z 2023-01-11T13:23:45Z Senate S S 2013-11-05 113 ssfi00 Finance Committee Senate Standing Referred to 2013-11-05T23:08:04Z 2013-11-05 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2013-11-05 Sponsor introductory remarks on measure. (CR S7831) IntroReferral B00100 9 Library of Congress 2013-11-05 Introduced in Senate IntroReferral 10000 9 Library of Congress R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. N G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. 2013-11-05 True M000303 Sen. McCain, John [R-AZ] JOHN MCCAIN R AZ SIDNEY 2013-11-19 False W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2013-11-19 False M001153 Sen. Murkowski, Lisa [R-AK] Lisa Murkowski R AK 2013-11-21 False N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM 2013-11-21 False T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2014-01-30 False S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2014-01-30 False S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2014-01-30 False L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT 2014-02-26 False B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2014-09-18 False Taxation Business expenses Civil actions and liability Commodities markets Criminal investigation, prosecution, interrogation Income tax deductions Securities Tax administration and collection, taxpayers Taxation

00 2013-11-05 Introduced in Senate 2013-12-18T21:06:09Z Government Settlement Transparency and Reform Act - Amends the Internal Revenue Code to expand provisions relating to the nondeductibility of fines and penalties, to prohibit a tax deduction for any amount paid or incurred to any governmental entity relating to the violation of any law or the investigation or inquiry into a potential violation of law. Exempts from such prohibition: (1) restitution or amounts paid to come into compliance with any law that was violated or otherwise involved in the investigation or inquiry, (2) amounts paid pursuant to a court order in a suit in which the governmental entity was not a party, and (3) amounts paid or incurred as taxes due. Imposes new reporting requirements on governmental entities relating to amounts paid as fines or for restitution.

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Display Title Official Title as Introduced Introduced in Senate IS Short Titles as Introduced Introduced in Senate 2013-11-05T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s1654is/xml/BILLS-113s1654is.xml 2013-11-05 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.