H.R.4016: To amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions.

About This Bill

  • Introduced Nov. 16, 2015
  • Latest Major Action Nov. 16, 2015

Bill Summary

This bill amends the Internal Revenue Code to extend the period in which a corporation may carryover excess contributions for purposes of the tax deduction for charitable contributions from 5 to 20 succeeding taxable years.

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 16, 2015
Referred to the House Committee on Ways and Means.
Nov. 16, 2015

Introduced in the House by Erik Paulsen (R-Minn.)

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