Bill > S3913

This bill, the End Double Taxation of Successful Consumer Claims Act, amends the Internal Revenue Code to allow an above-the-line deduction for attorney fees and court costs incurred in connection with consumer protection violation claims. The bill defines "consumer protection violation" broadly, covering a range of federal laws related to consumer protection, as well as state and local laws and common law claims. This deduction would apply to attorney fees and court costs paid during tax years ending after the bill's enactment, with respect to any judgment or settlement occurring during those tax years.