HR 4069
111th Congress
House
Taxation
Income tax deductions
Small business
Social work, volunteer service, charitable organizations
S Corporation Inventory Contribution Act of 2009
Introduced: November 16, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2009
Referred to the House Committee on Ways and Means.
Nov 16, 2009
Introduced in House
Plain-English summary
S Corporation Inventory Contribution Act of 2009 - Amends the Internal Revenue Code to extend the tax deduction for charitable contributions of inventory to S corporations. Limits the amount of such deduction for corporations other than C corporations to 10% of aggregate net income.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1