[Congressional Record Volume 164, Number 159 (Wednesday, September 26, 2018)]
[Senate]
[Page S6343]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
By Mr. CORNYN (for himself and Mr. Wyden):
S. 3504. 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; to the Committee on Finance.
Mr. CORNYN. Mr. President, I ask unanimous consent that the text of
the bill be printed in the Record.
There being no objection, the text of the bill was ordered to be
printed in the Record, as follows:
S. 3504
Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Human Trafficking Survivor
Tax Relief Act''.
SEC. 2. EXEMPTING FROM FEDERAL INCOME TAXATION CIVIL DAMAGES
AWARDED UNDER SECTION 1595 OF TITLE 18, UNITED
STATES CODE.
(a) 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:
``SEC. 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.''.
(b) 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:
``Sec. 139H. Certain amount received as civil damages as recompense for
trafficking in persons.''.
(c) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after the date of the
enactment of this Act.
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