summary
Introduced
07/16/2015
07/16/2015
In Committee
07/16/2015
07/16/2015
Crossed Over
Passed
Dead
01/03/2017
01/03/2017
Introduced Session
114th Congress
Bill Summary
Wrongful Convictions Tax Relief Act of 2015 Amends the Internal Revenue Code to allow a wrongfully incarcerated individual an exclusion from gross income for civil damages, restitution, or other monetary awards received as compensation for a wrongful incarceration. Defines "wrongfully incarcerated individual" as: (1) an individual who was convicted of a criminal offense under federal or state law, who served all or part of a sentence of imprisonment relating to such offense, and who was pardoned, granted clemency, or granted amnesty because of actual innocence of the offense; or (2) an individual for whom the conviction for such offense was reversed or vacated and for whom the indictment, information, or other accusatory instrument for such offense was dismissed or who was found not guilty at a new trial after the conviction was reversed or vacated.
AI Summary
This bill, the Wrongful Convictions Tax Relief Act of 2015, amends the Internal Revenue Code to allow individuals who have been wrongfully incarcerated to exclude from their taxable income any civil damages, restitution, or other monetary awards they receive as compensation for their unjust imprisonment. A "wrongfully incarcerated individual" is defined as someone convicted of a federal or state crime, who served time for it, and was either pardoned, granted clemency, or granted amnesty due to actual innocence, or whose conviction was overturned and the charges were dismissed or they were found not guilty in a new trial. This provision aims to provide financial relief to those who have suffered the injustice of being wrongly imprisoned and compensated for that suffering.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to the House Committee on Ways and Means. (on 07/16/2015)
Official Document
bill text
bill summary
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bill summary
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bill summary
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