US HB6504 | 2017-2018 | 115th Congress
Status
Sponsorship: Partisan Bill (Democrat 38)
Status: Introduced on July 25 2018 - 25% progression, died in committee
Action: 2018-07-25 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 25 2018 - 25% progression, died in committee
Action: 2018-07-25 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Stop the Tax Hike on Charities and Places of Worship Act This bill amends the Internal Revenue Code to modify the requirements for determining the unrelated business taxable income of tax-exempt organizations. The bill repeals a provision that requires unrelated business taxable income to be increased by the amount of expenses paid or incurred by a tax-exempt organization for certain fringe benefits for which a tax deduction is not allowed, including benefits relating to transportation, parking, or an on-premises athletic facility. The bill also increases the corporate tax rate from 21% to 22%.
Title
Stop the Tax Hike on Charities and Places of Worship Act
Sponsors
| Rep. James Clyburn [D-SC] | Rep. Yvette Clarke [D-NY] | Rep. Thomas Suozzi [D-NY] | Rep. Gene Green [D-TX] |
| Rep. Gregory Meeks [D-NY] | Rep. Bennie Thompson [D-MS] | Rep. Marcia Fudge [D-OH] | Rep. Andre Carson [D-IN] |
| Rep. Robert Scott [D-VA] | Rep. Karen Bass [D-CA] | Rep. Bonnie Coleman [D-NJ] | Rep. Robin Kelly [D-IL] |
| Rep. Stacey Plaskett [D-VI] | Rep. David Scott [D-GA] | Rep. Val Demings [D-FL] | Rep. Frederica Wilson [D-FL] |
| Rep. Emanuel Cleaver [D-MO] | Rep. Alcee Hastings [D-FL] | Rep. G. Butterfield [D-NC] | Rep. Marc Veasey [D-TX] |
| Rep. Danny Davis [D-IL] | Rep. Dwight Evans [D-PA] | Rep. Sheila Jackson-Lee [D-TX] | Rep. Donald McEachin [D-VA] |
| Rep. Lacy Clay [D-MO] | Rep. Bobby Rush [D-IL] | Rep. Eddie Johnson [D-TX] | Rep. Joyce Beatty [D-OH] |
| Rep. Donald Payne [D-NJ] | Sen. Lisa Rochester [D-DE] | Rep. Terri Sewell [D-AL] | Rep. Alma Adams [D-NC] |
| Rep. Eleanor Norton [D-DC] | Rep. Michael Capuano [D-MA] | Rep. Cedric Richmond [D-LA] | Rep. Elijah Cummings [D-MD] |
| Rep. Brendan Boyle [D-PA] | Rep. Hakeem Jeffries [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-07-25 | House | Referred to the House Committee on Ways and Means. |
| 2018-07-25 | House | Introduced in House |
Same As/Similar To
HB6460 (Related) 2018-07-19 - Referred to the House Committee on Ways and Means.
HB6037 (Related) 2018-06-07 - Referred to the House Committee on Ways and Means.
SB3317 (Related) 2018-08-01 - Read twice and referred to the Committee on Finance.
HB6037 (Related) 2018-06-07 - Referred to the House Committee on Ways and Means.
SB3317 (Related) 2018-08-01 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/6504/all-info |
| Text | https://www.congress.gov/115/bills/hr6504/BILLS-115hr6504ih.pdf |
