To extend the charitable deduction to all taxpayers regardless of whether a taxpayer itemizes deductions in order to encourage and increase charitable giving, and to provide for loans and loan guarantees to certain public charities.

Summary

This bill allows taxpayers to claim a tax deduction for charitable contributions even if they do not otherwise itemize their deductions. The bill also directs the Department of the Treasury to make or guarantee loans to tax-exempt charitable organizations. The aggregate amount of such loans may not exceed $60 billion. Treasury must give priority in making such loans to organizations that are providing direct assistance to the COVID-19 (i.e., the coronavirus disease 2019) response effort.

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

Timeline

1. 27 March 2020

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 27 March 2020

   Introduced

   Introduced in House

   Source: IntroReferral

3. 27 March 2020

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 27 March 2020 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 27 March 2020

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 27 March 2020

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 27 March 2020

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  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. Moulton, Seth [D-MA-6] · D · Sponsor
• Rep. Fitzpatrick, Brian K. [R-PA-1] · R · Sponsor
• Sen. Slotkin, Elissa [D-MI] · D · Sponsor
• Rep. LaHood, Darin [R-IL-16] · R · Sponsor
• Rep. McGovern, James P. [D-MA-2] · D · Sponsor
• Rep. Lynch, Stephen F. [D-MA-8] · D · Sponsor
• Rep. Kilmer, Derek [D-WA-6] · D · Sponsor
• Rep. Trahan, Lori [D-MA-3] · D · Sponsor
• Rep. Rouda, Harley [D-CA-48] · D · Sponsor
• Rep. Tonko, Paul [D-NY-20] · D · Cosponsor
• Rep. Carson, André [D-IN-7] · D · Cosponsor
• Rep. Suozzi, Thomas R. [D-NY-3] · D · Cosponsor
• Rep. Malinowski, Tom [D-NJ-7] · D · Cosponsor
• Rep. Clay, Wm. Lacy [D-MO-1] · D · Cosponsor
• Rep. Schneider, Bradley Scott [D-IL-10] · D · Cosponsor
• Rep. Maloney, Sean Patrick [D-NY-18] · D · Cosponsor
• Rep. Cicilline, David N. [D-RI-1] · D · Cosponsor
• Rep. Himes, James A. [D-CT-4] · D · Cosponsor
• Rep. Craig, Angie [D-MN-2] · D · Cosponsor
• Rep. Lee, Susie [D-NV-3] · D · Cosponsor
• Rep. Cohen, Steve [D-TN-9] · D · Cosponsor
• Rep. Casten, Sean [D-IL-6] · D · Cosponsor
• Rep. Rose, Max [D-NY-11] · D · Cosponsor
• Rep. Larson, John B. [D-CT-1] · D · Cosponsor
• Rep. Bonamici, Suzanne [D-OR-1] · D · Cosponsor
• Rep. Stevens, Haley M. [D-MI-11] · D · Cosponsor
• Rep. Trone, David J. [D-MD-6] · D · Cosponsor
• Rep. Pingree, Chellie [D-ME-1] · D · Cosponsor
• Rep. Beatty, Joyce [D-OH-3] · D · Cosponsor
• Rep. DeFazio, Peter A. [D-OR-4] · D · Cosponsor
• Rep. Peters, Scott H. [D-CA-50] · D · Cosponsor
• Rep. Cárdenas, Tony [D-CA-29] · D · Cosponsor
• Rep. Raskin, Jamie [D-MD-8] · D · Cosponsor
• Rep. Huffman, Jared [D-CA-2] · D · Cosponsor
• Rep. Kennedy, Joseph P., III [D-MA-4] · D · Cosponsor
• Rep. Hastings, Alcee L. [D-FL-20] · D · Cosponsor
• Rep. Deutch, Theodore E. [D-FL-22] · D · Cosponsor
• Rep. Brownley, Julia [D-CA-26] · D · Cosponsor
• Rep. Norcross, Donald [D-NJ-1] · D · Cosponsor
• Rep. Van Drew, Jefferson [R-NJ-2] · R · Cosponsor
• Rep. Aguilar, Pete [D-CA-33] · D · Cosponsor
• Rep. Lieu, Ted [D-CA-36] · D · Cosponsor
• Rep. Krishnamoorthi, Raja [D-IL-8] · D · Cosponsor
• Rep. Costa, Jim [D-CA-21] · D · Cosponsor
• Rep. Hayes, Jahana [D-CT-5] · D · Cosponsor
• Rep. Veasey, Marc A. [D-TX-33] · D · Cosponsor
• Rep. Dingell, Debbie [D-MI-6] · D · Cosponsor
• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Cosponsor

Showing 48 of 57 sponsors and actors.

Related records

• related to → To amend the Internal Revenue Code of 1986 to extend the charitable deduction to all taxpayers regardless of whether a taxpayer itemizes deductions in order to encourage and increase charitable giving.
• related to ← To extend the charitable deduction to all taxpayers regardless of whether a taxpayer itemizes deductions in order to encourage and increase charitable giving, and to provide for loans and loan guarantees to certain public charities.