[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4831 Introduced in House (IH)]
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117th CONGRESS
1st Session
H. R. 4831
To amend the Internal Revenue Code of 1986 to provide for the
deductibility of charitable contributions to certain organizations for
members of the Armed Forces.
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IN THE HOUSE OF REPRESENTATIVES
July 29, 2021
Mr. Kind (for himself and Mr. Wenstrup) introduced the following bill;
which was referred to the Committee on Ways and Means
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A BILL
To amend the Internal Revenue Code of 1986 to provide for the
deductibility of charitable contributions to certain organizations for
members of the Armed Forces.
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 ``Charitable Equity for Veterans Act
of 2021''.
SEC. 2. DEDUCTIBILITY OF CHARITABLE CONTRIBUTIONS TO CERTAIN
ORGANIZATIONS FOR MEMBERS OF THE ARMED FORCES.
(a) In General.--
(1) Definition of a charitable contribution.--Section
170(c) of the Internal Revenue Code of 1986 is amended by
inserting after paragraph (5) the following new paragraph:
``(6) An organization described in section 501(c)(19) that
is a federally chartered corporation.''.
(2) Percentage limitation.--Section 170(b)(1)(A) of the
Internal Revenue Code of 1986 is amended by striking ``or'' at
the end of clause (viii), by adding ``or'' at the end of clause
(ix), and by inserting after clause (ix) the following new
clause:
``(x) an organization described in section
501(c)(19) that is a federally chartered
corporation,''.
(b) Effective Date.--The amendments made by this section shall
apply with respect to taxable years beginning after the date of
enactment of this Act.
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