S 3525
116th Congress
Senate
Taxation
Cardiovascular and respiratory health
Charitable contributions
Emergency medical services and trauma care
Income tax credits
Income tax deductions
Infectious and parasitic diseases
Supporting Charitable Institutions Act of 2020
Introduced: March 18, 2020
Introduced by:
Shaheen, Jeanne
Democratic
· New Hampshire
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 18, 2020
Read twice and referred to the Committee on Finance.
Mar 18, 2020
Introduced in Senate
Plain-English summary
Supporting Charitable Institutions Act of 2020
This bill allow a new tax credit for charitable contributions made in cash during 2020 to a charitable organization for relief efforts connected to COVID-19 (i.e., the coronavirus disease 2019). The credit is limited to 24% of contributions not exceeding $4,000 for an individual taxpayer, $6,000 for a head of household, and $8,000 for a married couple filing a joint return.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1