Summary: H.R.6397 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.6397. Bill summaries are authored by CRS.

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Introduced in House (07/17/2018)

Good Incentives for Vital Non-profit Governance Act or the GIVING Act

This bill amends the Internal Revenue Code to establish a new 501(c)(3)(A) status for certain tax-exempt organizations with exempt-purpose expenditures that comprise at least 75% of the total expenditures of the organization for the year. Exempt-purpose expenditures exclude administrative expenses.