H.R.4566 - Virginia Beach Strong Act116th Congress (2019-2020) |
|Sponsor:||Rep. Luria, Elaine G. [D-VA-2] (Introduced 09/27/2019)|
|Committees:||House - Ways and Means|
|Latest Action:||12/20/2019 Became Public Law No: 116-98. (All Actions)|
This bill has the status Became Law
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.4566 — 116th Congress (2019-2020)All Information (Except Text)
Public Law No: 116-98 (12/20/2019)
Virginia Beach Strong Act
This bill confirms that cash contributions made on or after May 31, 2019, for the exclusive benefit of the families of the dead or wounded victims of the mass shooting in Virginia Beach, Virginia on May 31, 2019, shall be treated as tax deductible contributions.
The bill also confirms that payments made on or after May 31, 2019, and on or before June 1, 2021, to the spouse or any dependent of the dead or wounded victims of such mass shooting by an tax-exempt organizations shall be treated as related to such organization's tax-exempt purpose and shall not be treated as inuring to the benefit of any private individual, if such payments are made in good faith using a reasonable and objective formula that is consistently applied with respect to such victims.