[Congressional Record Volume 168, Number 133 (Saturday, August 6, 2022)]
[Senate]
[Page S4247]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 5232. Mr. SCOTT of South Carolina submitted an amendment intended
to be proposed by him to the bill H.R. 5376, to provide for
reconciliation pursuant to title II of S. Con. Res. 14; which was
ordered to lie on the table; as follows:
At the end of title I, add the following:
Subtitle __--Additional Provisions
SEC. ____1. EXCLUSION FOR INCOME RECEIVED UNDER SEXUAL ABUSE
AWARDS.
(a) In General.--Section 104(a)(2) of the Internal Revenue
Code of 1986 is amended by inserting ``or on account of
sexual abuse'' after ``physical sickness''.
(b) Effective Date.--The amendment made by this section
shall apply to amounts received in taxable years beginning
after December 31, 2022.
SEC. ____2. EXCLUSION FROM FEDERAL INCOME TAXATION
RESTITUTION AND CIVIL DAMAGES AWARDED UNDER
SECTIONS 1593 AND 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, as amended by section
9501(b)(4) of the American Rescue Plan Act of 2021 (Public
Law 117-2), is amended by inserting before section 140 the
following new section:
``SEC. 139J. CERTAIN AMOUNT RECEIVED AS RESTITUTION OR CIVIL
DAMAGES AS RECOMPENSE FOR TRAFFICKING IN
PERSONS.
``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--
``(1) pursuant to an order of restitution under section
1593 of title 18, United States Code, or
``(2) 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. 139J. Certain amount received as restitution or civil damages as
recompense for trafficking in persons.''.
(c) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31,
2022.
SEC. ____3. MODIFICATIONS TO EDUCATOR EXPENSE DEDUCTION.
(a) In General.--Section 62 of the Internal Revenue Code of
1986 is amended--
(1) in subsection (a)(2)(D)--
(A) in the heading, by adding ``and other instructional
school personnel'' at the end, and
(B) in clause (ii)--
(i) by striking ``(other than nonathletic supplies for
courses of instruction in health or physical education)'',
and
(ii) by striking ``in the classroom'' and inserting ``as
part of instructional activity'', and
(2) in subsection (d)(1)(A), by inserting ``interscholastic
sports administrator or coach,'' after ``counselor,''.
(b) Educator Expense Deduction to Include Early Childhood
Educators.--Section 62 of the Internal Revenue Code of 1986
is amended--
(1) in subsection (a)(2)(D), by striking ``elementary and
secondary'' in the heading and inserting ``early childhood,
elementary, and secondary'';
(2) in subsection (d)(1)(A), by striking ``kindergarten
through grade 12 teacher'' and inserting, ``early childhood
or kindergarten through grade 12 teacher, educator''; and
(3) in subsection (d)(1)(B), by striking ``elementary
education or secondary education'' and inserting ``early
childhood education (through pre-kindergarten) or elementary
or secondary education''.
(c) Increase in Deduction Amount.--
(1) In general.--Section 62(a)(2)(D) of the Internal
Revenue Code of 1986 is amended by striking ``$250'' and
inserting ``$500''.
(2) Conforming amendments.--Section 62(d)(3) of the
Internal Revenue Code of 1986 is amended--
(A) by striking ``2015'' and inserting ``2023'',
(B) by striking ``$250'' and inserting ``$500'', and
(C) by striking ``calendar year 2014'' and inserting
``calendar year 2022''.
(d) Effective Date.--The amendments made by this section
shall apply to expenses incurred in taxable years beginning
after December 31, 2022.
SEC. ____4. EXTENSION OF LIMITATION ON DEDUCTION FOR STATE
AND LOCAL TAXES.
(a) In General.--Section 164(b)(6) of the Internal Revenue
Code of 1986 is amended--
(1) by striking ``January 1, 2026'' and inserting ``January
1, 2032'', and
(2) by striking ``2025'' in the heading thereof and
inserting ``2031''.
(b) Effective Date.--The amendments made by this section
shall apply to taxable years beginning after December 31,
2022.
______