H.115 is a proposed bill that aims to provide tax relief for individuals who have suffered income loss due to fraud. Specifically, the bill would empower the Commissioner of Taxes to forgive income tax liabilities that arise from such fraudulent activities. This measure is intended to alleviate the financial burden on victims of fraud, allowing them to recover more effectively from their losses.

The bill does not include any specific insertions or deletions to current law, but it establishes a new framework for tax debt forgiveness in cases where individuals can demonstrate that their income was compromised by fraudulent actions. By enabling the Commissioner of Taxes to exercise this forgiveness, the bill seeks to create a more supportive environment for those affected by fraud, ultimately promoting fairness in the taxation system.