S 1734
105th Congress
Senate
Taxation
Annuities
Charitable contributions
Income tax
Individual retirement accounts
Labor and Employment
Law
Personal income tax
Tax deductions
Tax exclusion
Trusts and trustees
A bill to amend the Internal Revenue Code of 1986 to waive the income inclusion on a distribution from an individual retirement account to the extent that the distribution is contributed for charitable purposes.
Introduced: March 10, 1998
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 10, 1998
Read twice and referred to the Committee on Finance.
Mar 10, 1998
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to exclude distributions from an individual retirement account from inclusion in gross income to the extent that such distributions are used for charitable purposes.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1