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HR 2225 104th Congress House Taxation Business records Charitable contributions Charities Commerce Government Operations and Politics Government paperwork Income tax Poor Social Welfare Tax credits Tax returns Tax-exempt organizations

Choice in Welfare Tax Credit Act of 1995

Introduced: August 4, 1995 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 4, 1995
Referred to the House Committee on Ways and Means.
Aug 4, 1995
Introduced in House
 Plain-English summary Congressional Research Service

Choice in Welfare Tax Credit Act of 1995 - Amends the Internal Revenue Code to permit an individual income tax credit of up to $100 ($200 for a joint return) of the value of certain charitable contributions to any tax-exempt, U.S. organization that spends at least 70 percent of aggregate expenditures assisting the poor. Requires that: (1) taxpayers identify each such contribution and the recipient on the individual's tax return; and (2) such charities provide copies of their annual return to such individuals upon request.

What's happening now August 4, 1995

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1