HB176: To amend the Internal Revenue Code of 1986 to establish a deduction for attorney fees awarded with respect to certain wildfire damages and to exclude from gross income settlement funds received with respect to such damages.
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To amend the Internal Revenue Code of 1986 to establish a deduction for attorney fees awarded with respect to certain wildfire damages and to exclude from gross income settlement funds received with respect to such damages.
Plain-language summary
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HB176: To amend the Internal Revenue Code of 1986 to establish a deduction for attorne…
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Sponsors
Doug LaMalfa
Primary SponsorCo-sponsors (15)
Mike Thompson
Tom McClintock
Jared Huffman
Julia Brownley
Val Hoyle