US HB3323 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on June 18 2019 - 25% progression, died in committee
Action: 2019-06-18 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 18 2019 - 25% progression, died in committee
Action: 2019-06-18 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends Internal Revenue Code provisions relating to tax-exempt or organizations to repeal the requirement that the unrelated business taxable income of tax-exempt organizations be computed separately for each trade or business activity, exclude from the gross income of charitable volunteers reimbursement of expenses for the use of a passenger vehicle for the benefit of a charitable organization, and allow the tax credit for employer-paid family and medical leave for nonprofit employers. The bill also increases the corporate income tax rate from 21% to 21.06% (as an offset to the cost of this bill).
Title
Nonprofit Relief Act of 2019
Sponsors
Rep. Carolyn Maloney [D-NY] | Rep. James Clyburn [D-SC] | Rep. Thomas Suozzi [D-NY] |
History
Date | Chamber | Action |
---|---|---|
2019-06-18 | House | Referred to the House Committee on Ways and Means. |
2019-06-18 | House | Introduced in House |
Subjects
Charitable contributions
Employee benefits and pensions
Employee leave
Income tax credits
Income tax rates
Social work, volunteer service, charitable organizations
Tax administration and collection, taxpayers
Taxation
Transportation costs
Employee benefits and pensions
Employee leave
Income tax credits
Income tax rates
Social work, volunteer service, charitable organizations
Tax administration and collection, taxpayers
Taxation
Transportation costs
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/3323/all-info |
Text | https://www.congress.gov/116/bills/hr3323/BILLS-116hr3323ih.pdf |