US HB2945 | 2013-2014 | 113th Congress
Status
Sponsorship: Moderate Partisan Bill (Democrat 15-4)
Status: Introduced on August 1 2013 - 25% progression, died in committee
Action: 2013-08-01 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on August 1 2013 - 25% progression, died in committee
Action: 2013-08-01 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to: (1) make permanent the tax deduction for charitable contributions of food inventory; (2) set forth rules for determining the basis and fair market value of contributed food; and (3) increase from 10% to 15% of taxpayer net income the amount of deductible food inventory contributions which a taxpayer, including a C corporation, may make in any taxable year.
Title
To amend the Internal Revenue Code of 1986 to permanently extend and expand the charitable deduction for contributions of food inventory.
Sponsors
| Rep. Sander Levin [D-MI] | Rep. Lou Barletta [R-PA] | Rep. Karen Bass [D-CA] | Rep. Timothy Bishop [D-NY] |
| Rep. Suzanne Bonamici [D-OR] | Rep. Julia Brownley [D-CA] | Rep. Matthew Cartwright [D-PA] | Rep. Rodney Davis [R-IL] |
| Rep. Michael Doyle [D-PA] | Rep. Chaka Fattah [D-PA] | Rep. Jim Gerlach [R-PA] | Rep. Jared Huffman [D-CA] |
| Rep. Ron Kind [D-WI] | Rep. David Loebsack [D-IA] | Rep. Alan Lowenthal [D-CA] | Rep. Daniel Maffei [D-NY] |
| Rep. James McGovern [D-MA] | Rep. Peter Roskam [R-IL] | Rep. Carol Shea-Porter [D-NH] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-08-01 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB1395 (Related) 2013-07-30 - Read twice and referred to the Committee on Finance.
HB4719 (Related) 2014-07-23 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 477.
HB4719 (Related) 2014-07-23 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 477.
Subjects
Charitable contributions
Food assistance and relief
Income tax deductions
Social work, volunteer service, charitable organizations
Taxation
Food assistance and relief
Income tax deductions
Social work, volunteer service, charitable organizations
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/2945/all-info |
| Text | https://www.congress.gov/113/bills/hr2945/BILLS-113hr2945ih.pdf |
