H.R. 176 explained · 118th Congress · Not enacted (118th Congress ended)
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.
Introduced: 2023-01-09
Latest action (2023-01-10): Sponsor introductory remarks on measure. (CR H120)
What H.R. 176 does, in plain terms
The Congressional Research Service has not published a summary of H.R. 176 yet. Its official title: “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.”.
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