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- H.R.6397
H.R.6397: GIVING Act
About This Bill
- Introduced July 17, 2018
- Latest Major Action July 17, 2018
Bill Sponsor
Bill Version
- Introduced in House - July 17, 2018
Bill Summary
Good Incentives for Vital Non-profit Governance Act or the GIVING Act This bill amends the Internal Revenue Code to establish a new 501(c)(3)(A) status for certain tax-exempt organizations with exempt-purpose expenditures that comprise at least 75% of the total expenditures of the organization for the year. Exempt-purpose expenditures exclude administrative expenses.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 17, 2018 |
Referred to the House Committee on Ways and Means.
|
| July 17, 2018 |
Introduced in the House by Bill Posey (R-Fla.) |