Human Trafficking Survivor Tax Relief Act
Human Trafficking Survivor Tax Relief Act
Plain Language Summary
# Human Trafficking Survivor Tax Relief Act (S 3261) – Summary **What the Bill Would Do** This bill aims to provide tax relief specifically for human trafficking survivors. While the full details aren't specified in the basic information available, bills with this title typically allow survivors to exclude certain compensation or benefits from their taxable income, reducing their tax burden as they rebuild their lives after trafficking. **Who It Affects** The bill would primarily benefit human trafficking survivors who receive restitution, settlements, or government assistance. It could also affect their families and the federal government's tax revenue in a minor way. **Current Status** The bill is currently in committee, meaning it hasn't yet been debated or voted on by the full Senate.
It was introduced by Senator John Cornyn (R-TX). For the bill to become law, it would need to pass out of committee, receive Senate approval, pass the House of Representatives, and be signed by the President. To learn more about the specific tax provisions or track updates on this bill's progress, you can visit Congress.gov and search for "S 3261.".
Latest Action
Read twice and referred to the Committee on Finance.