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HR 2418 103th Congress House

To amend the Internal Revenue Code of 1986 to make permanent the section 170(e)(5) rules pertaining to gifts of publicly-traded stock to certain private foundations, and for other purposes.

Introduced: June 29, 1994 See on congress.gov
Taxation Charitable contributionsExcise taxFinance and Financial SectorFoundations
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GiftsIncome taxStocksTax administrationTax deductionsTax penaltiesTax-exempt organizations
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This bill died when the 103rd Congress ended
It never became law before the 103rd Congress (1993–1994) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 15, 1993
Referred to the House Committee on Ways and Means.
Jun 15, 1993
Introduced in House
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 Latest action June 15, 1993

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to make permanent the special rules for gifts or qualified appreciated stock to certain tax-exempt private foundations for purposes of the itemized deduction of charitable contributions.

Includes grants to certain foreign organizations as qualified distributions by private foundations for purposes of the tax on failure to distribute income.

 Related & companion bills 1
  • S 1898 Identical bill A bill to amend the Internal Revenue Code of 1986 to make permanent the section 170(e)(5) rules pertaining to gifts of …
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3
D
Kaptur, Marcy
Ohio · Jun 29, 1994
 D
Bishop, Sanford D.
Georgia · Jun 23, 1994
 D
Pelosi, Nancy
California · Feb 3, 1994
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2418: To amend the Internal Revenue Code of 1986 to make permanent the section 170(e)(5) rules pertaining to gifts of publicly-traded stock to certain private foundations, and for other purposes.. 103rd Congress. Open America. https://openamerica.io/bill/103-HR-2418/
MLA
"H.R. 2418: To amend the Internal Revenue Code of 1986 to make permanent the section 170(e)(5) rules pertaining to gifts of publicly-traded stock to certain private foundations, and for other purposes.." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-HR-2418/.
Bluebook (legal)
H.R. 2418, 103rd Cong. (2026), https://openamerica.io/bill/103-HR-2418/.
Markdown link
[H.R. 2418: To amend the Internal Revenue Code of 1986 to make permanent the section 170(e)(5) rules pertaining to gifts of publicly-traded stock to certain private foundations, and for other purposes.](https://openamerica.io/bill/103-HR-2418/)
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