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- S.2313
S.2313: Philanthropic Facilitation Act
About This Bill
- Introduced Nov. 19, 2015
- Latest Major Action Nov. 19, 2015
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Philanthropic Facilitation Act This bill amends the Internal Revenue Code to: (1) expand the definition of, and requirements relating to, "program-related investments" made by private foundations to for-profit entities to further certain charitable purposes; (2) allow a judicial determination (i.e., declaratory judgment) as to whether investments in any entity qualify as program-related investments; (3) require expanded reporting by...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Nov. 19, 2015 |
Read twice and referred to the Committee on Finance.
|
Nov. 19, 2015 |
Introduced in the Senate by Cory Gardner (R-Colo.) |