S 566
118th Congress
Senate
Taxation
Charitable Act
Introduced: February 28, 2023
Introduced by:
Lankford, James
Republican
· Oklahoma
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 28, 2023
Read twice and referred to the Committee on Finance.
Feb 28, 2023
Introduced in Senate
Plain-English summary
Charitable Act
This bill allows individual taxpayers who do not otherwise itemize their tax deductions a deduction in taxable years beginning in 2023 or 2024 for charitable contributions. The deduction is limited to one-third of the standard deduction allowed to such taxpayers.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1