,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #ijge  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #bi1 #bjbf,mr4   
,pocan introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to impose a tax on       
paym5ts receiv$ f any settlem5t fund    
e/abli%$ z a result ( a civil action    
fil$ by ! ,presid5t ( ! ,unit$ ,/ates   
aga9/ ! ,int]nal ,rev5ue ,s]vice4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,tax ! ,grift ,act4  #b4 ,imposition (  
tax on qualifi$ settlem5t fund paym5ts  
7a7 ,9 g5]al ,subtitle ,d ( ! ,int]nal  
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new *apt]3  #ej;,b    
,qualifi$ settlem5t fund paym5ts  ,sec4 
#ejjj;,e4 ,imposition ( tax on qualifi$ 
settlem5t fund paym5ts4  #ejjj;,e4      
,imposition ( tax on qualifi$ settlem5t 
fund paym5ts  7a7 ,9 g5]al ,!re is h]eby
 impos$ on any taxpay] = any taxable ye>
 a tax equal to #ajj p]c5t ( any        
qualifi$ settlem5t fund paym5t receiv$  

by su* taxpay] dur+ su* taxable ye>4    
7b7 ,qualifi$ settlem5t fund paym5t ,=  
purposes ( ?is section1 ! t]m qualifi$  
settlem5t fund paym5t means1 ) respect  
to any taxpay] = any taxable ye>1 any   
am\nt receiv$ by su* taxpay] dur+ su*   
taxable ye> f any fund e/abli%$ z a     
result ( a civil action fil$ by !       
,presid5t ( ! ,unit$ ,/ates aga9/ !     
,int]nal ,rev5ue ,s]vice4  7c7 ,special 
rules  7#a7 ,adm9i/rative provisions ,= 
purposes ( subtitle ,f1 any tax impos$  
by ?is section %all be treat$ z a tax   
impos$ by subtitle ,a4  7#b7 ,exclusion 
f gross income ,= purposes ( *apt] #a1 !
 gross income ( any taxpay] = any       
taxable ye> %all n include any qualifi$ 
settlem5t fund paym5t receiv$ by su*    
taxpay] dur+ su* taxable ye>4  4  7b7   
,no d$uction f income tax ,section      
#bge7;a77#f7 ( su* ,code is am5d$ by    
ins]t+ #ej;,b1 aft] #ej;,a14  7c7       
,cl]ical am5dm5t ,! table ( *apt]s =    
subtitle ,d ( su* ,code is am5d$ by     
ins]t+ aft] ! item relat+ to *apt]      

#ej;,a ! foll[+ new item3  ,*apt]       
#ej;,b--,qualifi$ settlem5t fund        
paym5ts4  4  7d7 ,effective date ,!     
am5dm5ts made by ?is section %all apply 
) respect to am\nts receiv$ aft] ! date 
( ! enactm5t ( ?is ,act4