End Double Taxation of Successful Consumer Claims Act

This bill allows consumers who win legal claims against companies for violating consumer protection laws to deduct attorney fees and court costs from their taxable income. It directly affects consumers who successfully sue for violations covered by major federal laws like the Truth in Lending Act, Fair Debt Collection Practices Act, or Fair Credit Reporting Act. The key provision amends the tax code to create a new "above-the-line" deduction for these fees, preventing them from being taxed twice (once as part of the award and again as income). The change applies to fees paid after the bill's enactment for cases settled or decided during the same taxable years.