H.115 is a proposed bill that aims to empower the Commissioner of Taxes to forgive income tax liabilities for individuals who have lost income due to fraud. This legislation seeks to provide relief to victims of fraudulent activities by alleviating their tax burdens associated with the income that was wrongfully taken from them.

The bill does not include any specific insertions or deletions to current law, but it introduces a new provision that focuses on tax debt forgiveness for those affected by fraud. By allowing for this forgiveness, the bill addresses the financial challenges faced by victims and aims to create a more equitable tax system for individuals who have suffered losses due to fraudulent actions.