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HR 2502 112th Congress House Taxation Employee benefits and pensions Income tax exclusion Social work, volunteer service, charitable organizations

Public Good IRA Rollover Act of 2011

Introduced: April 25, 2012 See on congress.gov
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 2011
Referred to the House Committee on Ways and Means.
Jul 12, 2011
Introduced in House
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 Plain-English summary Congressional Research Service

Public Good IRA Rollover Act of 2011 - Amends the Internal Revenue Code to revise the tax exclusion of distributions from individual retirement accounts (IRAs) for charitable purposes to: (1) make such exclusion permanent; (2) eliminate the $100,000 cap on such exclusion; (3) permit tax-free distributions from IRAs to a split-interest entity (i.e., a charitable remainder annuity or unitrust, a pooled income fund, and a charitable gift annuity); and (4) allow distributions to a split-interest entity to be made when the account beneficiary attains age 59-1/2 (otherwise, age 70-1/2 for IRA distributions to a charitable organization).

What's happening now July 12, 2011

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
  • S 557 Identical bill Public Good IRA Rollover Act of 2011
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 10
All 10 Democratic 2 Republican 1
R
Walberg, Tim
Michigan · May 9, 2012
PAUL, RON
· Apr 25, 2012
PETERSON, COLLIN
· Apr 25, 2012
 D
Peters, Gary C.
Michigan · Apr 19, 2012
HINCHEY, MAURICE
· Apr 16, 2012
Ross, Dennis
· Mar 28, 2012
PLATTS, TODD
· Nov 10, 2011
 D
Schakowsky, Janice D.
Illinois · Nov 10, 2011
JOHNSON, SAM
· Sep 9, 2011
FILNER, BOB
· Jul 29, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2502: Public Good IRA Rollover Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-2502/
MLA
"H.R. 2502: Public Good IRA Rollover Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-2502/.
Bluebook (legal)
H.R. 2502, 112th Cong. (2026), https://openamerica.io/bill/112-HR-2502/.
Markdown link
[H.R. 2502: Public Good IRA Rollover Act of 2011](https://openamerica.io/bill/112-HR-2502/)
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