US SB930 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on April 14 2015 - 25% progression, died in committee
Action: 2015-04-14 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2174-2175)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 14 2015 - 25% progression, died in committee
Action: 2015-04-14 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2174-2175)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Good Samaritan Hunger Relief Tax Incentive Extension Act of 2015 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 2015
Sponsors
| Sen. Patrick Leahy [D-VT] | Sen. Robert Casey [D-PA] | Sen. John McCain [R-AZ] | Sen. Roy Blunt [R-MO] |
| Sen. Debbie Stabenow [D-MI] | Sen. Thad Cochran [R-MS] | Sen. Jerry Moran [R-KS] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-04-14 | Senate | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2174-2175) |
Subjects
Charitable contributions
Food assistance and relief
Income tax deductions
Social work, volunteer service, charitable organizations
Taxation
Food assistance and relief
Income tax deductions
Social work, volunteer service, charitable organizations
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/930/all-info |
| Text | https://www.congress.gov/114/bills/s930/BILLS-114s930is.pdf |
