Excludes damages from gross income for sexual acts or sexual contact, except punitive damages.
The Survivor Justice Tax Prevention Act amends the Internal Revenue Code to exclude from gross income any damages, other than punitive damages, received on account of sexual acts or sexual contact. It prohibits treating damages as unsubstantiated merely because there are no medical records. The changes apply to judgments and agreements made after the Act's enactment. The Secretary of the Treasury must promote public awareness of this exclusion.
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