US SB557 | 2011-2012 | 112th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 10-5)
Status: Introduced on March 10 2011 - 25% progression, died in committee
Action: 2011-03-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 10 2011 - 25% progression, died in committee
Action: 2011-03-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Public Good IRA Rollover Act of 2011- Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes.
Title
Public Good IRA Rollover Act of 2011
Sponsors
| Sen. Charles Schumer [D-NY] | Sen. Jeff Bingaman [D-NM] | Sen. Sherrod Brown [D-OH] | Sen. Richard Burr [R-NC] |
| Sen. Susan Collins [R-ME] | Sen. Kirsten Gillibrand [D-NY] | Sen. Kay Hutchison [R-TX] | Sen. Mike Johanns [R-NE] |
| Sen. Tim Johnson [D-SD] | Sen. John Kerry [D-MA] | Sen. Patrick Leahy [D-VT] | Sen. Carl Levin [D-MI] |
| Sen. Mark Pryor [D-AR] | Sen. Olympia Snowe [R-ME] | Sen. Debbie Stabenow [D-MI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-03-10 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2502 (Same As) 2011-07-12 - Referred to the House Committee on Ways and Means.
Subjects
Employee benefits and pensions
Income tax exclusion
Social work, volunteer service, charitable organizations
Taxation
Income tax exclusion
Social work, volunteer service, charitable organizations
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/557/all-info |
| Text | https://www.congress.gov/112/bills/s557/BILLS-112s557is.pdf |
