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Charitable Donation Antitrust Immunity Act of 1997

Introduced: June 17, 1997 See on congress.gov
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 Everywhere this bill has been 19 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 3, 1997
Became Public Law No: 105-26.
Jul 3, 1997
Signed by President.
Jun 26, 1997
Presented to President.
Jun 25, 1997
Message on Senate action sent to the House.
Jun 24, 1997
Passed Senate without amendment by Unanimous Consent. (consideration: CR S6287)
Jun 24, 1997
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S6287)
Jun 23, 1997
Received in the Senate, read twice.
Jun 23, 1997
Motion to reconsider laid on the table Agreed to without objection.
Jun 23, 1997
On motion to suspend the rules and pass the bill Agreed to by voice vote.
Jun 23, 1997
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
Jun 23, 1997
DEBATE - The House proceeded with forty minutes of debate.
Jun 23, 1997
Considered under suspension of the rules. (consideration: CR H4141-4142)
Jun 23, 1997
Mr. Hyde moved to suspend the rules and pass the bill.
Jun 23, 1997
Reported by the Committee on Judiciary. H. Rept. 105-146.
Jun 23, 1997
Placed on the Union Calendar, Calendar No. 86.
Jun 18, 1997
Ordered to be Reported by Voice Vote.
Jun 18, 1997
Committee Consideration and Mark-up Session Held.
Jun 17, 1997
Referred to the House Committee on the Judiciary.
Jun 17, 1997
Introduced in House
 Plain-English summary Congressional Research Service

Charitable Donation Antitrust Immunity Act of 1997 - Amends the Charitable Gift Annuity Antitrust Relief Act of 1995 to make the antitrust laws and similar State laws inapplicable to charitable gift annuities or remainder trusts, except as provided under this Act.

Grants immunity from suits to persons subjected to legal proceedings for relief of any kind under Federal or State antitrust laws on account of being involved in the planning, issuance, or payment of such annuities or remainder trusts.

Presumes that annuities or trusts treated as charitable gift annuities or remainder trusts in filings with the Internal Revenue Service (IRS) or in written documents provided by or on behalf of the donee to the donor are charitable gift annuities or remainder trusts unless the IRS has made a final determination, for fraud or otherwise, that an annuity or trust did not qualify as such.

Makes immunity from antitrust laws under this Act inapplicable with respect to enforcement of a State law pertaining to such annuities or trusts created after the State enacts a statute, no later than December 8, 1998, that provides that such immunity is inapplicable.

Applies this Act retroactively to conduct occurring before, and administrative and judicial actions pending on, the enactment date.

Requires the Attorney General to carry out a study and report to the House and Senate Judiciary Committees on this Act's effect on markets for noncharitable annuities and charitable gift annuities and remainder trusts.

What's happening now July 3, 1997

Became Public Law No: 105-26.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2 Republican 1