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- S.256
S.256: CARE Act of 2003
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about congress
- Introduced Jan. 30, 2003
- Latest Major Action Jan. 30, 2003
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 2 Republicans)
Bill Summary
CARE Act of 2003 - Amends the Internal Revenue Code with respect to charitable giving, charitable organizations, and social services to, among other things: (1) allow a deduction for a portion of charitable contributions to individuals who do not itemize; (2) allow tax-free distributions from individual retirement accounts for charitable purposes; (3) allow for the exclusion of 25 percent of gain on sales or exchanges of land or water...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| Jan. 30, 2003 |
Introduced in the Senate by Charles E. Grassley (R-Iowa) |