Summary: H.R.5293 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.5293. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (12/03/2019)

Universal Charitable Giving Act of 2019

This bill allows individual taxpayers a deduction from gross income (above-the-line deduction) for charitable contributions even if such taxpayers do not elect to itemize deductions for the taxable year. The deduction may not exceed one-third of the taxpayer's standard deduction amount.