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- S.1734
S.1734: A bill to amend the Internal Revenue Code of 1986 to waive the income inclusion on a distribution from an individual retirement account to the extent that the distribution is contributed for charitable purposes.
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced March 10, 1998
- Latest Major Action March 10, 1998
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
9 (3 Democrats, 7 Republicans)
Bill Summary
Amends the Internal Revenue Code to exclude distributions from an individual retirement account from inclusion in gross income to the extent that such distributions are used for charitable purposes.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| March 10, 1998 |
Introduced in the Senate by Kay Bailey Hutchison (R-Texas) |