H.R.12427 - A bill to amend the Internal Revenue Code of 1954 to provide that blood donations shall be considered as charitable contributions deductible from gross income.94th Congress (1975-1976)
|Sponsor:||Rep. Koch, Edward I. [D-NY-18] (Introduced 03/11/1976)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 03/11/1976 Referred to House Committee on Ways and Means. (All Actions)|
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Summary: H.R.12427 — 94th Congress (1975-1976)All Information (Except Text)
Introduced in House (03/11/1976)
Amends the Internal Revenue Code to allow a deduction for donations of blood to charitable organizations in an amount equal to $25 for each pint donated.
Limits the aggregate amount of donations which shall be deductible to $125 in any taxable year.