US HB6397 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on July 17 2018 - 25% progression, died in committee
Action: 2018-07-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

GIVING Act Good Incentives for Vital Non-profit Governance Act This bill amends the Internal Revenue Code to establish a new 501(c)(3)(A) status for certain tax-exempt organizations with exempt-purpose expenditures that comprise at least 75% of the total expenditures of the organization for the year. Exempt-purpose expenditures exclude administrative expenses.

Tracking Information

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Title

GIVING Act Good Incentives for Vital Non-profit Governance Act

Sponsors

Rep. Bill Posey [R-FL]

History

DateChamberAction
2018-07-17HouseReferred to the House Committee on Ways and Means.
2018-07-17HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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