[Congressional Record Volume 170, Number 115 (Thursday, July 11, 2024)]
[Senate]
[Page S5147]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HUMAN TRAFFICKING SURVIVOR TAX RELIEF ACT
Mr. WHITEHOUSE. Mr. President, I ask unanimous consent that the
Committee on Finance be discharged from further consideration of S. 159
and the Senate proceed to its immediate consideration.
The PRESIDING OFFICER. The clerk will report the bill by title.
The senior assistant legislative clerk read as follows:
A bill (S. 159) to amend the Internal Revenue Code of 1986
to provide an exemption from gross income for mandatory
restitution or civil damages as recompense for trafficking in
persons.
There being no objection, the committee was discharged, and the
Senate proceeded to consider the bill.
Mr. WHITEHOUSE. I now ask unanimous consent that the bill be
considered read a third time and passed and that the motion to
reconsider be considered made and laid upon the table.
The PRESIDING OFFICER. Without objection, it is so ordered.
The bill (S. 159) was ordered to be engrossed for a third reading,
was read the third time, and passed as follows:
S. 159
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 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 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.
``(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--
``(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 the date of the
enactment of this Act.
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