US SB1429 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 21 2015 - 25% progression, died in committee
Action: 2015-05-21 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 21 2015 - 25% progression, died in committee
Action: 2015-05-21 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Charitable Agricultural Research Act This bill amends the Internal Revenue Code to: (1) allow a tax deduction for charitable contributions to agricultural research organizations directly engaged in the continuous active conduct of research in conjunction with an agricultural college or university, and (2) extend to such organizations the prohibition against expenditures by public charities to influence legislation.
Title
Charitable Agricultural Research Act
Sponsors
Sen. John Thune [R-SD] | Sen. Debbie Stabenow [D-MI] | Sen. James Inhofe [R-OK] | Sen. Ron Wyden [D-OR] |
Sen. Roy Blunt [R-MO] | Sen. Thad Cochran [R-MS] | Sen. Amy Klobuchar [D-MN] | Sen. Maria Cantwell [D-WA] |
History
Date | Chamber | Action |
---|---|---|
2015-05-21 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2838 (Same As) 2015-06-18 - Referred to the House Committee on Ways and Means.
Subjects
Agricultural research
Charitable contributions
Higher education
Income tax deductions
Public participation and lobbying
Social work, volunteer service, charitable organizations
Tax-exempt organizations
Taxation
Charitable contributions
Higher education
Income tax deductions
Public participation and lobbying
Social work, volunteer service, charitable organizations
Tax-exempt organizations
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/senate-bill/1429/all-info |
Text | https://www.congress.gov/114/bills/s1429/BILLS-114s1429is.pdf |