HR 4016
114th Congress
House
Taxation
Charitable contributions
Corporate finance and management
Income tax deductions
To amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions.
Introduced: November 16, 2015
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, 2015
Referred to the House Committee on Ways and Means.
Nov 16, 2015
Introduced in House
Plain-English summary
This bill amends the Internal Revenue Code to extend the period in which a corporation may carryover excess contributions for purposes of the tax deduction for charitable contributions from 5 to 20 succeeding taxable years.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1