Survivor Justice Tax Prevention Act

HR2347, titled the Survivor Justice Tax Prevention Act, was introduced on March 25, 2025, and referred to the House Committee on Ways and Means. On March 25, 2026, the committee ordered the bill to be reported, and it was subsequently reported (Amended) on April 9, 2026. The bill was then placed on the Union Calendar, Calendar No. 519, on April 9, 2026. This signifies that the bill has cleared committee review and is awaiting a vote by the full House of Representatives. The bill amends Section 104(a)(2) of the Internal Revenue Code of 1986 to exclude from gross income any damages, other than punitive damages, received on account of any sexual acts or sexual contact. Currently, only damages for personal physical injuries or physical sickness are explicitly excluded. The bill also specifies that damages are considered to be on account of a sexual act or contact if the judgment or agreement states so, and explicitly prohibits requiring medical records to substantiate such claims. This is a tax policy change and does not involve direct federal funding or appropriations. The financial impact would be on the tax revenue collected by the federal government and the tax liabilities of individuals receiving such damages. There are no direct corporate beneficiaries or losers from this bill as it primarily affects individual tax liabilities. The Internal Revenue Service (IRS) would be responsible for implementing these changes, but there are no specific tickers directly impacted. The bill's effective date is for amounts received pursuant to judgments made, and agreements entered into, after the date of enactment. This means that if passed, the changes would apply prospectively. Given its placement on the Union Calendar, the next legislative step for HR2347 is consideration and a vote by the full House of Representatives. If passed by the House, it would then move to the Senate for consideration. The bill has three cosponsors, indicating some bipartisan support, with the primary sponsor being Rep. Smucker (R-PA). The recent presidential memoranda on domestic petroleum production and Air Force jet fighter training operations are unrelated to this tax bill and do not amplify or conflict with its provisions.