H.115 is a proposed bill that aims to provide tax relief for individuals who have suffered income loss due to fraud. Specifically, it allows 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, recognizing the unique challenges they face in recovering from their losses.

The bill was introduced by a group of representatives and has been referred to the appropriate committee for further consideration. By enabling tax debt forgiveness for those affected by fraud, the legislation seeks to create a more equitable tax system that acknowledges the impact of fraudulent actions on individuals' financial situations.