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United States · Bill · S

S. 501 (116th)

Stop the Tax Hike on Charities and Places of Worship Act

referredUnited States· United States Congress· EN

Introduced

14 February 2019

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Stop the Tax Hike on Charities and Places of Worship Act This bill modifies the requirements for determining the unrelated business taxable income of tax-exempt organizations. The bill repeals a provision that requires unrelated business taxable income to be increased by the amount of expenses paid or incurred by a tax-exempt organization for certain fringe benefits for which a tax deduction is not allowed, including benefits relating to transportation, parking, or an on-premises athletic facility. The bill also increases the corporate income tax rate from 21% to 22%.

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Documents

3 official files

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Sources

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