summary
Introduced
02/28/2023
02/28/2023
In Committee
02/28/2023
02/28/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A bill to amend the Internal Revenue Code of 1986 to modify and extend the deduction for charitable contributions for individuals not itemizing deductions.
AI Summary
This bill, the Charitable Act, amends the Internal Revenue Code to modify and extend the deduction for charitable contributions for individuals who do not itemize their deductions. Specifically, it allows these individuals to deduct up to one-third of the standard deduction amount for their charitable contributions in 2023 and 2024. Additionally, the bill eliminates the penalty for claiming this deduction and makes conforming amendments to the Internal Revenue Code.
Committee Categories
Budget and Finance
Sponsors (24)
James Lankford (R)*,
Marsha Blackburn (R),
John Boozman (R),
Katie Boyd Britt (R),
Sherrod Brown (D),
Ted Budd (R),
Bob Casey (D),
Susan Collins (R),
Chris Coons (D),
Catherine Cortez Masto (D),
Maggie Hassan (D),
John Hickenlooper (D),
Amy Klobuchar (D),
Jerry Moran (R),
Gary Peters (D),
Pete Ricketts (R),
Jacky Rosen (D),
Marco Rubio (R),
Tim Scott (R),
Jeanne Shaheen (D),
Debbie Stabenow (D),
Dan Sullivan (R),
Raphael Warnock (D),
Roger Wicker (R),
Last Action
Read twice and referred to the Committee on Finance. (on 02/28/2023)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/senate-bill/566/all-info |
| BillText | https://www.congress.gov/118/bills/s566/BILLS-118s566is.pdf |
Loading...