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United States · Bill · S

S. 1086 (106th)

A bill to amend the Internal Revenue Code of 1986 to waive the income inclusion on a distribution from an individual retirement account to the extent that the distribution is contributed for charitable purposes.

referredUnited States· United States Congress· EN

Introduced

20 May 1999

Last action

20 May 1999 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Hutchison, Kay Bailey [R-TX], Sen. Durbin, Richard J. [D-IL], Sen. Helms, Jesse [R-NC], Sen. Feinstein, Dianne [D-CA], Sen. Johnson, Tim [D-SD], Sen. Shelby, Richard C. [R-AL], Sen. Allard, Wayne [R-CO], Sen. Levin, Carl [D-MI], Sen. Lincoln, Blanche L. [D-AR], Sen. Burns, Conrad R. [R-MT], Sen. Dodd, Christopher J. [D-CT], Sen. Snowe, Olympia J. [R-ME], Sen. Boxer, Barbara [D-CA], Sen. Fitzgerald, Peter [R-IL], Sen. DeWine, Mike [R-OH]

Subjects

Taxation

Source updated

7 April 2025

Taxation

Summary

Amends the Internal Revenue Code to exclude distributions from an individual retirement account from inclusion in gross income to the extent that such distributions are used for charitable purposes.

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

Timeline

  1. 20 May 1999

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 20 May 1999

    Introduced

    Sponsor introductory remarks on measure. (CR S5739)

    Source: IntroReferral

  3. 20 May 1999

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 20 May 1999

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 20 May 1999

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 20 May 1999

    Open at official source

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Sponsors

Related records

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Sources

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