H.R. 10055, also known as the “Survivor Justice Tax Prevention Act,” proposes an amendment to the Internal Revenue Code of 1986. The bill aims to exclude from gross income any damages awarded, except for punitive damages, related to sexual acts or sexual contact. It specifies...
Simple Explanation
H.R. 10055 is like a new rule that says if someone gets money because something bad happened to them, like touching that wasn't okay, they don't have to pay extra money to the government, except when it's to punish someone. It also says people shouldn’t have to show a doctor’s note to prove it happened when figuring out taxes.