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End Double Taxation of Successful Consumer Claims Act

3/13/2024, 3:01 PM

Congressional Summary of HR 6699

End Double Taxation of Successful Consumer Claims Act

This bill allows a deduction from gross income (above-the-line deduction) for attorney fees and court costs in connection with a claim of a consumer protection violation.

Current Status of Bill HR 6699

Bill HR 6699 is currently in the status of Bill Introduced since December 11, 2023. Bill HR 6699 was introduced during Congress 118 and was introduced to the House on December 11, 2023.  Bill HR 6699's most recent activity was Referred to the House Committee on Ways and Means. as of December 11, 2023

Bipartisan Support of Bill HR 6699

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6699

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 6699

End Double Taxation of Successful Consumer Claims Act
End Double Taxation of Successful Consumer Claims Act
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.

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