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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Charities Helping Americans Regularly Throughout the Year Act of 2019

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Internal Revenue Code to extend and modify certain charitable tax provisions


Actions Overview (1)

Date
05/15/2019Introduced in Senate

All Actions (1)

Date
05/15/2019Read twice and referred to the Committee on Finance. (text: CR S2887-2888)
Action By: Senate

Cosponsors (6)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Casey, Robert P., Jr. [D-PA]* 05/15/2019
Sen. Wyden, Ron [D-OR]* 05/15/2019
Sen. Roberts, Pat [R-KS]* 05/15/2019
Sen. Klobuchar, Amy [D-MN] 06/04/2019
Sen. Peters, Gary C. [D-MI] 06/04/2019
Sen. Boozman, John [R-AR] 08/01/2019

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Finance05/15/2019 Referred to

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Latest Summary (1)

There is one summary for S.1475. View summaries

Shown Here:
Introduced in Senate (05/15/2019)

Charities Helping Americans Regularly Throughout the Year Act of 2019

This bill modifies several tax provisions in the Internal Revenue Code affecting charitable contributions and tax-exempt organizations.

The Internal Revenue Service may determine the standard mileage rate for deducting the cost of using a passenger automobile for charitable purposes (currently set by statute at 14 cents per mile), and that rate may not be less than the rate for medical purposes (20 cents per mile in 2019).

The bill requires tax-exempt organizations to file their returns in electronic form.

The bill excludes from the gross income of an individual who is at least 70-1/2 years of age up to $100,000 in distributions from an individual retirement plan to a donor advised fund (DAF). The bill also modifies disclosure requires for DAFs. (A DAF is a fund or account that is separately identified by reference to contributions of a donor or donors. The account is owned and controlled by a sponsoring charitable organization, while the donor retains advisory privileges with respect to the distribution and investment of funds in the account.)

The bill reduces from 2% to 1% the excise tax on the investment income of private foundations and eliminates a provision that reduces the rate to 1% if a foundation meets certain distribution requirements.