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S. 978 104th Congress Senate

Charitable Giving Protection Act of 1995

Official title: A bill to facilitate contributions to charitable organizations by codifying certain exemptions from the Federal securities laws, to clarify the inapplicability… Show full official titleShow less

Official title: A bill to facilitate contributions to charitable organizations by codifying certain exemptions from the Federal securities laws, to clarify the inapplicability of antitrust laws to charitable gift annuities, and for other purposes.

Introduced: November 16, 1995 See on congress.gov
Finance and Financial Sector AnnuitiesAntitrust lawBrokersCharitable contributions
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 28, 1995
Read twice and referred to the Committee on Banking.
Jun 28, 1995
Sponsor introductory remarks on measure. (CR S9306-9307)
Jun 28, 1995
Introduced in Senate
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 Latest action June 28, 1995

Read twice and referred to the Committee on Banking.

 Plain-English summary Congressional Research Service

TABLE OF CONTENTS:

Title I: Amendments to the Securities Laws

Title II: Clarification of Antitrust Laws

Charitable Giving Protection Act of 1995 - Title I: Amendments to the Securities Laws - Exempts from the jurisdiction of the Investment Company Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934, and the Investment Advisers Act of 1940 any security issued by or any interest or participation in any pooled income fund, collective trust fund, collective investment fund, or similar fund deemed not to be an investment company under the Investment Company Act of 1940 (charitable gift annuities).

Preempts State law to extend the charitable gift annuities exemption from its jurisdiction over: (1) securities registration or qualification requirements; and (2) any charitable organization regulation.

Permits a State to enact a statute that specifically refers to this Act and provides prospectively that it does not preempt its laws.

Title II: Clarification of Antitrust Laws - Exempts charitable gift annuities from application of the antitrust laws.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
McConnell, Mitch
Kentucky · Nov 17, 1995
 R
Grassley, Chuck
Iowa · Nov 16, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). S. 978: Charitable Giving Protection Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-S-978/
MLA
"S. 978: Charitable Giving Protection Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-S-978/.
Bluebook (legal)
S. 978, 104th Cong. (2026), https://openamerica.io/bill/104-S-978/.
Markdown link
[S. 978: Charitable Giving Protection Act of 1995](https://openamerica.io/bill/104-S-978/)
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