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United States · Bill · HR

H.R. 2592 (112th)

Charitable Contribution Parity and Enhancement Act

referredUnited States· United States Congress· EN

Introduced

19 July 2011

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Charitable Contribution Parity and Enhancement Act - Amends the Internal Revenue Code to extend the tax deduction for charitable contributions of ordinary income property to all trades and businesses (currently limited to corrporations other than S corporations).  Limits the amount of such deduction for taxpayers other than C corporations to not more than 10% of their aggregate net income for a taxable year from all trades or businesses.

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Documents

3 official files

Introduced in House (text)

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