HR 3227
111th Congress
House
Taxation
Food assistance and relief
Income tax deductions
Social work, volunteer service, charitable organizations
To amend the Internal Revenue Code of 1986 to permanently extend and expand the charitable deduction for contributions of food inventory.
Introduced: July 15, 2009
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 15, 2009
Referred to the House Committee on Ways and Means.
Jul 15, 2009
Introduced in House
Jul 9, 2009
Sponsor introductory remarks on measure. (CR E1693)
Plain-English summary
Amends the Internal Revenue Code to: (1) make permanent the tax deduction for charitable contributions of food inventory by certain noncorporate taxpayers; (2) set forth rules for determining the basis and fair market value of contributed food; and (3) limit the reduction of such deduction in 2009 and 2010 to the amount by which the fair market value of the contributed food exceeds twice the basis of such food.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1