Policy Impact Analysis - 117/HR/6389

Bill Overview

Title: Human Trafficking Survivor Tax Relief Act

Description: This bill excludes from gross income, for income tax purposes, any civil damages, restitution, or other monetary award (including compensatory or statutory damages and restitution imposed in a criminal matter) awarded pursuant to an order of mandatory restitution or in a criminal proceeding for peonage, slavery, or human trafficking.

Sponsors: Rep. Schneider, Bradley Scott [D-IL-10]

Target Audience

Population: Human trafficking survivors receiving monetary awards

Estimated Size: 20000

Reasoning

Simulated Interviews

Retail Worker (Los Angeles, CA)

Age: 34 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 10.0 years

Commonness: 1/20

Statement of Opinion:

  • This tax relief is a big help. I was worried about how to pay taxes on the money that was meant to help me start a new life.
  • It feels like a step in the right direction to not penalize survivors for something they never asked for.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 7 5
Year 10 8 6
Year 20 8 6

Construction Worker (Houston, TX)

Age: 28 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 1/20

Statement of Opinion:

  • I'm thankful that I don't have to worry about taxes on the money I finally received.
  • It helps remove one of the many burdens I have to face coming out of my situation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 6 5
Year 5 7 6
Year 10 7 6
Year 20 7 6

Unemployed (Miama, FL)

Age: 45 | Gender: female

Wellbeing Before Policy: 3

Duration of Impact: 3.0 years

Commonness: 1/20

Statement of Opinion:

  • It's good to know that once everything is settled, taxes won't eat into the restitution I receive.
  • There are still so many legal fights ahead, but this is one less worry.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 4 3
Year 2 5 4
Year 3 5 4
Year 5 6 5
Year 10 6 5
Year 20 6 5

Social Worker (New York, NY)

Age: 39 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 5/20

Statement of Opinion:

  • I'm glad to see policies like these that help my clients. They already have enough on their plates without worrying about taxes.
  • This will certainly help ease the financial burden on survivors who receive restitutions.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 8 8
Year 20 8 8

Lawyer (Chicago, IL)

Age: 50 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 0.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy is beneficial as it means more of the compensation goes directly to the survivors instead of taxes.
  • It's a much-needed relief as these compensations are a form of justice and recovery.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

Freelancer (Seattle, WA)

Age: 24 | Gender: other

Wellbeing Before Policy: 4

Duration of Impact: 2.0 years

Commonness: 2/20

Statement of Opinion:

  • Knowing that I won't be taxed on any restitution I might get gives me a little hope.
  • It's a good move but we need more initiatives addressing how to support survivors long-term.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 5 4
Year 3 6 4
Year 5 6 5
Year 10 6 5
Year 20 6 5

Barista (Atlanta, GA)

Age: 31 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 0.0 years

Commonness: 3/20

Statement of Opinion:

  • I think this is a step forward because I see firsthand how important financial stability is to survivors.
  • It might encourage more survivors to come forward and take legal action.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 6 5
Year 5 6 6
Year 10 7 6
Year 20 7 6

Retired (Rural Kentucky)

Age: 57 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 0.0 years

Commonness: 20/20

Statement of Opinion:

  • I don't see how this affects me directly, but I support measures that help those who've suffered.
  • I hope more policies like this help reduce trafficking overall.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 5 5
Year 5 5 5
Year 10 6 5
Year 20 6 5

Student (San Francisco, CA)

Age: 21 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 0.0 years

Commonness: 4/20

Statement of Opinion:

  • I think it's an important policy, and it's great to see recognition of the issue at a federal level.
  • It could inspire future lawyers like me to keep pushing for more survivor-centric reforms.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 7 6
Year 20 7 6

Government Employee (Phoenix, AZ)

Age: 42 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 0.0 years

Commonness: 5/20

Statement of Opinion:

  • It's reassuring to see a policy like this pass as it aligns with our efforts to provide holistic support to survivors.
  • Tax policies like this strengthen the impact of other support services.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

Cost Estimates

Year 1: $100000000 (Low: $50000000, High: $150000000)

Year 2: $105000000 (Low: $52500000, High: $157500000)

Year 3: $110000000 (Low: $55000000, High: $165000000)

Year 5: $120000000 (Low: $60000000, High: $180000000)

Year 10: $140000000 (Low: $70000000, High: $210000000)

Year 100: $200000000 (Low: $100000000, High: $300000000)

Key Considerations