End Double Taxation of Successful Consumer Claims Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 467 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 467 To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for attorney fees and costs in connection with consumer claim awards. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 6 (legislative day, February 5), 2025 Ms. Cortez Masto (for herself, Mrs. Murray, Mrs. Shaheen, Mr. Kaine, Mr. Bennet, and Mr. Booker) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for attorney fees and costs in connection with consumer claim awards. 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 ``End Double Taxation of Successful Consumer Claims Act''. SEC. 2. ABOVE-THE-LINE DEDUCTION FOR ATTORNEY FEES AND COSTS IN CONNECTION WITH CONSUMER C…