Bill > HR630

Introduced Session

Permanent S Corporation Charitable Contribution Act of 2015 (Sec. 2) This bill amends the Internal Revenue Code to make permanent the tax rule that reduces the basis of the stock of an S corporation shareholder by the adjusted basis (rather than fair market value) of any charitable contribution made by the S corporation.

Committee Categories

David Reichert (R)*,  Ryan Costello (R),  Ron Kind (D),  Tom Reed (R), 

Placed on the Union Calendar, Calendar No. 10. (on 02/09/2015)

Official Document