HR 2945
113th Congress
House
Taxation
Charitable contributions
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: August 1, 2013
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 1, 2013
Referred to the House Committee on Ways and Means.
Aug 1, 2013
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to: (1) make permanent the tax deduction for charitable contributions of food inventory; (2) set forth rules for determining the basis and fair market value of contributed food; and (3) increase from 10% to 15% of taxpayer net income the amount of deductible food inventory contributions which a taxpayer, including a C corporation, may make in any taxable year.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1