[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7324 Introduced in House (IH)]
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116th CONGRESS
2d Session
H. R. 7324
To amend the Internal Revenue Code of 1986 to allow above-the-line
deductions for charitable contributions for individuals not itemizing
deductions.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 24, 2020
Mr. Walker (for himself and Mr. Pappas) introduced the following bill;
which was referred to the Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to allow above-the-line
deductions for charitable contributions for individuals not itemizing
deductions.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Universal Giving Pandemic Response
Act''.
SEC. 2. ABOVE-THE-LINE DEDUCTION FOR CHARITABLE CONTRIBUTIONS FOR
INDIVIDUALS NOT ITEMIZING DEDUCTIONS.
(a) In General.--Paragraph (22) of section 62(a) of the Internal
Revenue Code of 1986 is amended to read as follows:
``(22) Charitable contributions for individuals not
itemizing deductions.--
``(A) In general.--In the case of an individual who
does not elect to itemize deductions for the taxable
year, the deduction allowed by section 170 with respect
to charitable contributions (as defined in section
170(c)) made during the period beginning on January 1,
2019, and ending on December 31, 2020.
``(B) Certain 2020 contributions deductible in
2019.--For purposes of this paragraph, an individual
may elect to treat any charitable contributions (as so
defined) made after December 31, 2019, and before July
15, 2020, as made in calendar year 2019 (and not to
claim a deduction for such contributions in 2020).
``(C) Amended return permitted.--In the case of an
individual who has filed the return of tax for 2019 and
who did not elect to itemize deductions on such return,
such individual may file an amended return for such
year in order to apply subparagraph (A) or to make the
election under clause (i) (or both).
``(D) Limitation.--The deduction to which
subparagraph (A) applies for any taxable year (after
the application of subparagraph (B)) shall not exceed
an amount equal to \1/3\ of the amount of the standard
deduction with respect to such individual for such
taxable year.''.
(b) Conforming Amendment.--Section 62 of the Internal Revenue Code
of 1986 is amended by striking subsection (f).
(c) Effective Date.--The amendments made by this section shall
apply to charitable contributions (as defined in section 170(c) of the
Internal Revenue Code of 1986) made after December 31, 2018.
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