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- H.R.2592
H.R.2592: Charitable Contribution Parity and Enhancement Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced July 19, 2011
- Latest Major Action July 19, 2011
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 2 Republicans)
Bill Summary
Charitable Contribution Parity and Enhancement Act - Amends the Internal Revenue Code to extend the tax deduction for charitable contributions of ordinary income property to all trades and businesses (currently limited to corrporations other than S corporations). Limits the amount of such deduction for taxpayers other than C corporations to not more than 10% of their aggregate net income for a taxable year from all trades or businesses.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| July 19, 2011 |
Introduced in the House by Aaron Schock (R-Ill.) |