US SB942 | 2015-2016 | 114th Congress

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on April 15 2015 - 25% progression, died in committee
Action: 2015-04-15 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Fair Treatment for All Gifts Act This bill amends the Internal Revenue Code to allow a deduction from the taxable amount of gifts for gifts made to specified tax-exempt organizations, including: (1) social welfare organizations; (2) labor, agricultural, and horticultural organizations; and (3) business leagues, chambers of commerce, real-estate boards, boards of trade, and professional football leagues.

Tracking Information

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Title

Fair Treatment for All Gifts Act

Sponsors


History

DateChamberAction
2015-04-15SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB1104 (Related) 2015-04-16 - Received in the Senate and Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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