Lankford, Colleagues Introduce Bill to Exempt Trafficking Survivors' Restitution from Federal Taxes
February 01, 2023
February 01, 2023
WASHINGTON, Feb. 1 -- Sen. James Lankford, R-Oklahoma, issued the following news release:
U.S. Senators James Lankford (R-OK), Senator John Cornyn (R-TX), Senate Finance Committee Chairman Ron Wyden (D-OR), and Kyrsten Sinema (I-AZ) introduced their Human Trafficking Survivor Tax Relief Act, which would exempt civil damages, restitution, and other monetary awards given to human trafficking survivors from federal income taxes. It would also codify current Internal Revenue Service (IR . . .
U.S. Senators James Lankford (R-OK), Senator John Cornyn (R-TX), Senate Finance Committee Chairman Ron Wyden (D-OR), and Kyrsten Sinema (I-AZ) introduced their Human Trafficking Survivor Tax Relief Act, which would exempt civil damages, restitution, and other monetary awards given to human trafficking survivors from federal income taxes. It would also codify current Internal Revenue Service (IR . . .