S 942
114th Congress
Senate
Taxation
Charitable contributions
Tax-exempt organizations
Transfer and inheritance taxes
Fair Treatment for All Gifts Act
Introduced: April 15, 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
Apr 15, 2015
Read twice and referred to the Committee on Finance.
Apr 15, 2015
Introduced in Senate
Plain-English summary
Fair Treatment for All Gifts Act
This bill amends the Internal Revenue Code to allow a deduction from the taxable amount of gifts for gifts made to specified tax-exempt organizations, including: (1) social welfare organizations; (2) labor, agricultural, and horticultural organizations; and (3) business leagues, chambers of commerce, real-estate boards, boards of trade, and professional football leagues.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1