S-671                 _______________________________________________

 

                                                   SENATE BILL NO. 5848

                        _______________________________________________

 

State of Washington                               51st Legislature                              1989 Regular Session

 

By Senators McCaslin, Matson, Owen, Nelson, Newhouse and Thorsness

 

 

Read first time 2/10/89 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.