H.R.860: To amend the Internal Revenue Code of 1986 to promote charitable donations of qualified vehicles.

About This Bill

Bill Cosponsors

334 (172 Democrats, 162 Republicans)

Bill Summary

Amends the Internal Revenue Code with respect to the charitable tax deduction for contributions of qualified vehicles (i.e., highway motor vehicles, boats, or airplanes) to: (1) set forth revised acknowledgment requirements for vehicles valued at $2,500 or less and vehicles valued at more than $2,500; and (2) revise the penalty for submitting a fraudulent acknowledgment.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
March 1, 2011

Introduced in the House by John B. Larson (D-Conn.)

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