US SB166 | 2011-2012 | 112th Congress
Status
Sponsorship: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on January 25 2011 - 25% progression, died in committee
Action: 2011-01-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 25 2011 - 25% progression, died in committee
Action: 2011-01-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Good Samaritan Hunger Relief Tax Incentive Extension Act of 2011- Amends the Internal Revenue Code to: (1) modify the tax deduction for charitable contributions of food inventory by limiting the reduction in such deduction to the amount by which the fair market valuation of the contributed food exceeds twice the basis of such food; and (2) make such deduction permanent.
Title
Good Samaritan Hunger Relief Tax Incentive Extension Act of 2011
Sponsors
| Sen. Richard Lugar [R-IN] | Sen. Patrick Leahy [D-VT] | Sen. Debbie Stabenow [D-MI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-25 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3729 (Related) 2011-12-19 - Referred to the House Committee on Ways and Means.
Subjects
Food assistance and relief
Income tax deductions
Social work, volunteer service, charitable organizations
Taxation
Income tax deductions
Social work, volunteer service, charitable organizations
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/166/all-info |
| Text | https://www.congress.gov/112/bills/s166/BILLS-112s166is.pdf |
