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Survivor Justice Tax Prevention Act
10/30/2024, 7:23 AM
Summary of Bill HR 10055
The Survivor Justice Tax Prevention Act, also known as Bill 118 hr 10055, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to prevent survivors of sexual assault from being taxed on any financial settlements they receive as a result of their assault.
Under current tax laws, survivors of sexual assault are required to pay taxes on any financial settlements they receive, which can be a significant burden on these individuals who are already dealing with the physical and emotional trauma of their assault. The Survivor Justice Tax Prevention Act aims to alleviate this burden by exempting these settlements from being taxed.
The bill has received bipartisan support in Congress, with lawmakers from both parties recognizing the importance of providing financial relief to survivors of sexual assault. Supporters of the bill argue that taxing these settlements is unjust and can discourage survivors from seeking justice through the legal system. If passed, the Survivor Justice Tax Prevention Act would provide much-needed financial support to survivors of sexual assault, allowing them to focus on their healing and recovery without the added stress of tax obligations. The bill is currently in the early stages of the legislative process, but advocates are hopeful that it will garner enough support to become law in the near future.
Under current tax laws, survivors of sexual assault are required to pay taxes on any financial settlements they receive, which can be a significant burden on these individuals who are already dealing with the physical and emotional trauma of their assault. The Survivor Justice Tax Prevention Act aims to alleviate this burden by exempting these settlements from being taxed.
The bill has received bipartisan support in Congress, with lawmakers from both parties recognizing the importance of providing financial relief to survivors of sexual assault. Supporters of the bill argue that taxing these settlements is unjust and can discourage survivors from seeking justice through the legal system. If passed, the Survivor Justice Tax Prevention Act would provide much-needed financial support to survivors of sexual assault, allowing them to focus on their healing and recovery without the added stress of tax obligations. The bill is currently in the early stages of the legislative process, but advocates are hopeful that it will garner enough support to become law in the near future.
Read the Full Bill
Current Status of Bill HR 10055
Bill HR 10055 is currently in the status of Bill Introduced since October 25, 2024. Bill HR 10055 was introduced during Congress 118 and was introduced to the House on October 25, 2024. Bill HR 10055's most recent activity was Referred to the House Committee on Ways and Means. as of October 25, 2024
Bipartisan Support of Bill HR 10055
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
4Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 10055
Primary Policy Focus
Alternate Title(s) of Bill HR 10055
Survivor Justice Tax Prevention Act
Survivor Justice Tax Prevention Act
To amend the Internal Revenue Code of 1986 to exclude from gross income any damages, other than punitive damages, received on account of any sexual acts or sexual contact.
Comments

Angelique Collier
1,134
1 year ago
I don't agree with this bill. It seems like it could cause more harm than good.

Eliana Harding
1,133
1 year ago
I think it's good that it's passing. It will help a lot of people.
Sponsors and Cosponsors of HR 10055
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