Charitable Giving Act of 2005

Summary

Charitable Giving Act of 2005 - Amends the Internal Revenue Code with respect to charitable giving and charitable organizations to: (1) allow individuals who do not itemize a deduction from gross income for a portion of their charitable contributions; (2) allow tax-free distributions from individual retirement accounts for charitable purposes; (3) increase the cap on corporate charitable contributions; (4) allow non-corporate taxpayers a tax deduction for charitable contributions of food inventory; (5) revise certain excise taxes related to private foundations; (6) modify the excise tax on unrelated business taxable income of charitable remainder trusts; (7) extend and expand the charitable contribution for scientific property used for research and for computer technology and equipment used for educational purposes; (8) adjust the basis of S corporation stock for certain charitable contributions; (9) revise church tax inquiry provisions; and (10) exclude from gross income certain landowner initiatives programs to conserve endangered habitats or species. Amends title IV of the Social Security Act to: (1) authorize the Secretary of Health and Human Services to make grants to any private entity that operates a promising social services program (as defined by this Act): and (2) restore the 10 percent limit on transfers to the Social Services Block Grant Program. Amends the Assets for Independence Act to reauthorize the assets for independence demonstration program through FY2008. Expresses the sense of Congress encouraging corporate contributions to faith-based organizations. Amends the Runaway and Homeless Youth Act to include maternity group homes within the program for transitional living youth projects for homeless youth.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 27 September 2005

   Introduced

   Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 27 September 2005

   Introduced

   Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

3. 27 September 2005

   Introduced

   Introduced in House

   Source: IntroReferral

4. 27 September 2005

   Introduced

   Introduced in House

   Source: IntroReferral

5. 7 November 2005

   Referred

   Referred to the Subcommittee on 21st Century Competitiveness.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 27 September 2005 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 27 September 2005

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 27 September 2005

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 27 September 2005

  Open at official source

Sponsors

• Sen. Blunt, Roy [R-MO] · R · Sponsor
• Rep. Akin, W. Todd [R-MO-2] · R · Sponsor
• Rep. Bachus, Spencer [R-AL-6] · R · Sponsor
• Rep. Bartlett, Roscoe G. [R-MD-6] · R · Sponsor
• Sanford Bishop · D · Sponsor
• John Boozman · R · Sponsor
• Rep. Cantor, Eric [R-VA-7] · R · Sponsor
• JOHN CULBERSON · R · Sponsor
• Rep. Doolittle, John T. [R-CA-4] · R · Sponsor
• JOHN DUNCAN · R · Sponsor
• Rep. Emanuel, Rahm [D-IL-5] · D · Sponsor
• Rep. Foley, Mark [R-FL-16] · R · Sponsor
• Rep. Ford, Harold E., Jr. [D-TN-9] · D · Sponsor
• Rep. Fossella, Vito [R-NY-13] · R · Sponsor
• Trent Franks · R · Sponsor
• Rep. Garrett, Scott [R-NJ-5] · R · Sponsor
• Rep. Gillmor, Paul E. [R-OH-5] · R · Sponsor
• Sam Graves · R · Sponsor
• Rep. Green, Mark [R-WI-8] · R · Sponsor
• Rep. Harris, Katherine [R-FL-13] · R · Sponsor
• Rep. Hart, Melissa A. [R-PA-4] · R · Sponsor
• Rep. Hastert, J. Dennis [R-IL-14] · R · Sponsor
• Rep. Hayes, Robin [R-NC-8] · R · Sponsor
• Rep. Hooley, Darlene [D-OR-5] · D · Sponsor
• Rep. Hostettler, John N. [R-IN-8] · R · Sponsor
• Rep. Hulshof, Kenny C. [R-MO-9] · R · Sponsor
• Rep. Kennedy, Mark R. [R-MN-6] · R · Sponsor
• Steve King · R · Sponsor
• Rep. Kingston, Jack [R-GA-1] · R · Sponsor
• Rep. McCotter, Thaddeus G. [R-MI-11] · R · Sponsor
• Rep. Miller, Jeff [R-FL-1] · R · Sponsor
• Jerry Moran · R · Sponsor
• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Sponsor
• Rep. Otter, C. L. (Butch) [R-ID-1] · R · Sponsor
• Rep. Paul, Ron [R-TX-22] · R · Sponsor
• Rep. Pence, Mike [R-IN-6] · R · Sponsor
• Rep. Pitts, Joseph R. [R-PA-16] · R · Sponsor
• Rep. Ramstad, Jim [R-MN-3] · R · Sponsor
• Rep. Regula, Ralph [R-OH-16] · R · Sponsor
• Rep. Renzi, Rick [R-AZ-1] · R · Sponsor
• Rep. Rogers, Mike J. [R-MI-8] · R · Sponsor
• Pete Sessions · R · Sponsor
• Rep. Shays, Christopher [R-CT-4] · R · Sponsor
• LAMAR SMITH · R · Sponsor
• Rep. Souder, Mark E. [R-IN-3] · R · Sponsor
• Rep. Stearns, Cliff [R-FL-6] · R · Sponsor
• Rep. Tiahrt, Todd [R-KS-4] · R · Sponsor
• Rep. Wamp, Zach [R-TN-3] · R · Sponsor

Showing 48 of 91 sponsors and actors.

Related records

• related to ← MORE Act
• related to ← A bill to amend the Internal Revenue Code of 1986 to provide incentives for charitable contributions by individuals and businesses, to improve the public disclosure of activities of exempt organizations, and to enhance the ability of low-income Americans to gain financial security by building assets, and for other purposes.