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Philanthropic Facilitation Act

Introduced: November 19, 2015 See on congress.gov
This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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
Nov 19, 2015
Read twice and referred to the Committee on Finance.
Nov 19, 2015
Introduced in Senate
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 Plain-English summary Congressional Research Service

Philanthropic Facilitation Act

This bill amends the Internal Revenue Code to: (1) expand the definition of, and requirements relating to, "program-related investments" made by private foundations to for-profit entities to further certain charitable purposes; (2) allow a judicial determination (i.e., declaratory judgment) as to whether investments in any entity qualify as program-related investments; (3) require expanded reporting by for-profit entities that receive program-related investments of their gross income, expenses, disbursements, and other information; and (4) allow public inspection of any petition seeking a determination that an investment by a private foundation is a program-related investment and of any information reported by organizations receiving program-related investments.

What's happening now November 19, 2015

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2313: Philanthropic Facilitation Act. 114th Congress. Open America. https://openamerica.io/bill/114-S-2313/
MLA
"S. 2313: Philanthropic Facilitation Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-2313/.
Bluebook (legal)
S. 2313, 114th Cong. (2026), https://openamerica.io/bill/114-S-2313/.
Markdown link
[S. 2313: Philanthropic Facilitation Act](https://openamerica.io/bill/114-S-2313/)
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