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- H.R.6460
H.R.6460: LIFT for Charities Act
About This Bill
- Introduced July 19, 2018
- Latest Major Action July 19, 2018
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (All Republicans)
Bill Version
- Introduced in House - July 19, 2018
Bill Summary
Lessen Impediments from Taxes for Charities Act or the LIFT for Charities Act This bill amends the Internal Revenue Code to modify the requirements for determining the unrelated business taxable income of tax-exempt organizations. The bill repeals a provision that requires unrelated business taxable income to be increased by the amount of expenses paid or incurred by a tax-exempt organization for certain fringe benefits for which a tax...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| July 19, 2018 |
Referred to the House Committee on Ways and Means.
|
| July 19, 2018 |
Introduced in the House by Mark Walker (R-N.C.) |