Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.3332
S.3332: LIFT for Charities Act
About This Bill
- Introduced Aug. 1, 2018
- Latest Major Action Aug. 1, 2018
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 2 Republicans)
Bill Version
- Introduced in Senate - Aug. 1, 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)
Bill Actions
| Date | Description |
|---|---|
| Aug. 1, 2018 |
Read twice and referred to the Committee on Finance.
|
| Aug. 1, 2018 |
Introduced in the Senate by James Lankford (R-Okla.) |