S-4008               _______________________________________________

 

                                                   SENATE BILL NO. 6694

                        _______________________________________________

 

State of Washington                              50th Legislature                              1988 Regular Session

 

By Senators Newhouse and Owen

 

 

Read first time 2/1/88 and referred to Committee on Law & Justice.

 

 


AN ACT Relating to the disclosure of tax consequences in personal injury  actions; and adding a new section to chapter 5.40 RCW.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

          NEW SECTION.  Sec. 1.  A new section is added to chapter 5.40 RCW to read as follows:

          The trier of fact shall be informed that the amount of any damages received on account of personal injuries is excluded from gross income for purposes of federal income tax.