,i  #aaith ,,congress  #b;d ,session    
,h4 ,r4 #ijge  ,,in ,,the ,,house ,,of  
,,representatives  ,may #bi1 #bjbf,mr4  
,pocan introduced the following bill2   
which was referred to the ,committee on 
,ways and ,means  ,a ,,bill  ,to amend  
the ,internal ,revenue ,code of #aihf to
 impose a tax on payments received from 
any settlement fund established as a    
result of a civil action filed by the   
,president of the ,united ,states       
against the ,internal ,revenue ,service4
  #a4 ,short title ,this ,act may be    
cited as the ,tax the ,grift ,act4  #b4 
,imposition of tax on qualified         
settlement fund payments  7a7 ,in       
general ,subtitle ,d of the ,internal   
,revenue ,code of #aihf is amended by   
adding at the end the following new     
chapter3  #ej;,b ,qualified settlement  
fund payments  ,sec4 #ejjj;,e4          
,imposition of tax on qualified         
settlement fund payments4  #ejjj;,e4    
,imposition of tax on qualified         
settlement fund payments  7a7 ,in       

general ,there is hereby imposed on any 
taxpayer for any taxable year a tax     
equal to #ajj percent of any qualified  
settlement fund payment received by such
 taxpayer during such taxable year4  7b7
 ,qualified settlement fund payment ,for
 purposes of this section1 the term     
qualified settlement fund payment means1
 with respect to any taxpayer for any   
taxable year1 any amount received by    
such taxpayer during such taxable year  
from any fund established as a result of
 a civil action filed by the ,president 
of the ,united ,states against the      
,internal ,revenue ,service4  7c7       
,special rules  7#a7 ,administrative    
provisions ,for purposes of subtitle ,f1
 any tax imposed by this section shall  
be treated as a tax imposed by subtitle 
,a4  7#b7 ,exclusion from gross income  
,for purposes of chapter #a1 the gross  
income of any taxpayer for any taxable  
year shall not include any qualified    
settlement fund payment received by such
 taxpayer during such taxable year4  4  

7b7 ,no deduction from income tax       
,section #bge7;a77#f7 of such ,code is  
amended by inserting #ej;,b1 after      
#ej;,a14  7c7 ,clerical amendment ,the  
table of chapters for subtitle ,d of    
such ,code is amended by inserting after
 the item relating to chapter #ej;,a the
 following new item3  ,chapter          
#ej;,b--,qualified settlement fund      
payments4  4  7d7 ,effective date ,the  
amendments made by this section shall   
apply with respect to amounts received  
after the date of the enactment of this 
,act4