US HB2592 | 2011-2012 | 112th Congress

Status

Sponsorship: Slight Partisan Bill (Republican 3-1)
Status: Introduced on July 19 2011 - 25% progression, died in committee
Action: 2011-07-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Charitable Contribution Parity and Enhancement Act - Amends the Internal Revenue Code to extend the tax deduction for charitable contributions of ordinary income property to all trades and businesses (currently limited to corrporations other than S corporations). Limits the amount of such deduction for taxpayers other than C corporations to not more than 10% of their aggregate net income for a taxable year from all trades or businesses.

Tracking Information

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Title

Charitable Contribution Parity and Enhancement Act

Sponsors


History

DateChamberAction
2011-07-19HouseReferred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


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