Supporting America's Charities Act

Summary

Supporting America's Charities Act - Amends the Internal Revenue Code to make permanent: (1) the tax deduction for charitable contributions by individuals and corporations of real property interests for conservation purposes, and (2) tax-free distributions from individual retirement accounts (IRAs) for charitable purposes. Allows a tax deduction for charitable contributions for conservation purposes of property conveyed under the Alaska Native Claims Settlement Act by an Alaska Native Corporation. Modifies the tax deduction for charitiable contributions of food inventory to: (1) increase the amount of deductible food inventory contributions that taxpayers other than C corporations may make in any taxable year from 10% to 15% of their aggregate net income and to limit such amount for a C corporation to 15% of its taxable income; (2) permit a taxpayer who is not required to account for inventories or capitalize indirect costs to elect, solely for purposes of computing the amount of such deduction, to treat the basis of any apparently wholesome food (as defined in the Bill Emerson Good Samaritan Food Donation Act) as equal to 25% of the fair market value of such food and to set forth a formula for determining the fair market value of such food; and (3) make such deduction, as modified, permanent.

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

Timeline

1. 8 December 2014

   Introduced

   Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, 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. 8 December 2014

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 December 2014

   Introduced

   Introduced in House

   Source: IntroReferral

4. 10 December 2014

   Vote

   At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

   Source: Floor

5. 10 December 2014

   Floor

   DEBATE - The House proceeded with forty minutes of debate on H.R. 5806.

   Source: Floor

6. 10 December 2014

   Floor

   Considered under suspension of the rules. (consideration: CR H8998-9002; text as introduced in House: CR H8998-8999)

   Source: Floor

7. 10 December 2014

   Floor

   Mr. Camp moved to suspend the rules and pass the bill.

   Source: Floor

8. 11 December 2014

   Vote

   On motion to suspend the rules and pass the bill Failed by the Yeas and Nays: (2/3 required): 275 - 149 (Roll no. 562).

   Source: Floor

9. 11 December 2014

   Vote

   Failed of passage/not agreed to in House: On motion to suspend the rules and pass the bill Failed by the Yeas and Nays: (2/3 required): 275 - 149 (Roll no. 562).

   Source: Floor

10. 11 December 2014

    Floor

    Considered as unfinished business. (consideration: CR H9075)

    Source: Floor

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 December 2014 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 December 2014

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 December 2014

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 8 December 2014

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  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Camp, Dave [R-MI-4] · R · Sponsor
• Rep. Gerlach, Jim [R-PA-6] · R · Cosponsor
• Rep. Kelly, Mike [R-PA-16] · R · Cosponsor
• Rep. Reed, Tom [R-NY-23] · R · Cosponsor
• Rep. Schock, Aaron [R-IL-18] · R · Cosponsor
• · hsbu00 · Standing
• · hswm00 · Standing

Related records

• related to → America Gives More Act of 2014