US HB1686 | 2017-2018 | 115th Congress

Status

Spectrum: Slight Partisan Bill (Republican 9-4)
Status: Introduced on March 22 2017 - 25% progression, died in committee
Action: 2017-03-22 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

To amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions by regulated public utilities. This bill amends the Internal Revenue Code, with respect to the tax deduction for charitable contributions, to extend from 5 years to 20 years the time period during which a corporation that is a regulated public utility or an affiliated group may carry over excess charitable contributions.

Tracking Information

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Title

To amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions by regulated public utilities.

Sponsors


History

DateChamberAction
2017-03-22HouseReferred to the House Committee on Ways and Means.
2017-03-22HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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