Summary: H.R.571 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for H.R.571. Bill summaries are authored by CRS.

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Introduced in House (01/15/2009)

Amends the Internal Revenue Code with respect to the charitable tax deduction for contributions of qualified vehicles (i.e., highway motor vehicles, boats, or airplanes) to: (1) set forth revised acknowledgment requirements for vehicles valued at $2,500 or less and vehicles valued at more than $2,500; and (2) revise the penalty for submitting a fraudulent acknowledgment.