3.0.0 4907 2023-01-11T13:31:39Z 2023-01-11T13:31:39Z House HR 2016-04-12 114 [Congressional Record Volume 162, Number 55 (Tuesday, April 12, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HOLDING:H.R. 4907.Congress has the power to enact this legislation pursuantto the following:Atricle 1, Section 8 of the United States Constitution[Page H1635]]]> hswm00 Ways and Means Committee House Standing Referred to 2016-04-12T18:02:45Z Charities Helping Americans Regularly Throughout the Year Act 114 2750 S 2016-04-06 Read twice and referred to the Committee on Finance. Related bill CRS 2016-04-12 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-04-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-04-12 Introduced in House IntroReferral 1000 9 Library of Congress H001065 Rep. Holding, George [R-NC-13] George Holding R NC 13 N T000462 Rep. Tiberi, Patrick J. [R-OH-12] PATRICK TIBERI R OH J. 12 2016-04-12 True N000181 Rep. Nunes, Devin [R-CA-22] Devin Nunes R CA 22 2016-04-12 True P000594 Rep. Paulsen, Erik [R-MN-3] Erik Paulsen R MN 3 2016-04-12 True K000376 Rep. Kelly, Mike [R-PA-3] Mike Kelly R PA 3 2016-04-12 True G000410 Rep. Green, Gene [D-TX-29] GENE GREEN D TX 29 2016-04-12 True S001195 Rep. Smith, Jason [R-MO-8] Jason Smith R MO 8 2016-04-14 False S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 2016-04-18 False S000244 Rep. Sensenbrenner, F. James, Jr. [R-WI-5] F. SENSENBRENNER R WI JAMES 5 2016-04-18 False M001158 Rep. Marchant, Kenny [R-TX-24] Kenny Marchant R TX 24 2016-04-21 False M001181 Rep. Meehan, Patrick [R-PA-7] Patrick Meehan R PA 7 2016-04-21 False Y000066 Rep. Young, David [R-IA-3] David Young R IA 3 2016-04-27 False R000586 Rep. Renacci, James B. [R-OH-16] James Renacci R OH B. 16 2016-04-27 False G000560 Rep. Graves, Tom [R-GA-14] Tom Graves R GA 14 2016-04-28 False N000184 Rep. Noem, Kristi L. [R-SD-At Large] Kristi Noem R SD L. 0 2016-05-11 False T000470 Rep. Tipton, Scott R. [R-CO-3] Scott Tipton R CO R. 3 2016-05-11 False E000215 Rep. Eshoo, Anna G. [D-CA-18] ANNA ESHOO D CA G. 18 2016-05-19 False J000290 Rep. Jenkins, Lynn [R-KS-2] Lynn Jenkins R KS 2 2016-05-24 False B001281 Rep. Beatty, Joyce [D-OH-3] Joyce Beatty D OH 3 2016-05-24 False K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 2016-06-07 False B001227 Rep. Brady, Robert A. [D-PA-1] ROBERT BRADY D PA A. 1 2016-06-07 False M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2016-06-21 False H001036 Rep. Hensarling, Jeb [R-TX-5] Jeb Hensarling R TX 5 2016-06-21 False C001038 Rep. Crowley, Joseph [D-NY-14] JOSEPH CROWLEY D NY 14 2016-06-22 False H001068 Rep. Huffman, Jared [D-CA-2] Jared Huffman D CA 2 2016-06-22 False R000603 Rep. Rouzer, David [R-NC-7] David Rouzer R NC 7 2016-07-05 False T000460 Rep. Thompson, Mike [D-CA-5] MIKE THOMPSON D CA 5 2016-07-05 False K000009 Rep. Kaptur, Marcy [D-OH-9] MARCY KAPTUR D OH 9 2016-07-05 False K000381 Rep. Kilmer, Derek [D-WA-6] Derek Kilmer D WA 6 2016-07-05 False C001077 Rep. Coffman, Mike [R-CO-6] Mike Coffman R CO 6 2016-09-07 False L000559 Rep. Langevin, James R. [D-RI-2] JAMES LANGEVIN D RI R. 2 2016-09-07 False C001084 Rep. Cicilline, David N. [D-RI-1] David Cicilline D RI N. 1 2016-09-15 False L000584 Rep. Love, Mia B. [R-UT-4] Mia Love R UT B. 4 2016-09-21 False L000580 Rep. Lujan Grisham, Michelle [D-NM-1] Michelle Lujan Grisham D NM 1 2016-09-21 False P000523 Rep. Price, David E. [D-NC-4] DAVID PRICE D NC E. 4 2016-09-22 False P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 2016-09-26 False D000600 Rep. Diaz-Balart, Mario [R-FL-25] Mario Diaz-Balart R FL 25 2016-09-27 False B001292 Rep. Beyer, Donald S., Jr. [D-VA-8] Donald Beyer D VA S. 8 2016-09-28 False G000377 Rep. Granger, Kay [R-TX-12] KAY GRANGER R TX 12 2016-09-28 False S000248 Rep. Serrano, Jose E. [D-NY-15] JOSE SERRANO D NY E. 15 2016-09-28 False R000602 Rep. Rice, Kathleen M. [D-NY-4] Kathleen Rice D NY M. 4 2016-11-15 False B001260 Rep. Buchanan, Vern [R-FL-16] Vern Buchanan R FL 16 2016-11-15 False A000373 Rep. Ashford, Brad [D-NE-2] Brad Ashford D NE 2 2016-11-15 False B001273 Rep. Black, Diane [R-TN-6] Diane Black R TN 6 2016-11-15 False D000613 Rep. Dold, Robert J. [R-IL-10] Robert Dold R IL J. 10 2016-11-15 False S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2016-11-30 False G000552 Rep. Gohmert, Louie [R-TX-1] Louie Gohmert R TX 1 2016-11-30 False K000210 Rep. King, Peter T. [R-NY-2] PETER KING R NY T. 2 2016-12-01 False Taxation Charitable contributions Employee benefits and pensions Income tax exclusion Social work, volunteer service, charitable organizations Taxation 00 2016-04-12 Introduced in House 2016-05-02T18:27:41Z Grow Philanthropy Act of 2016

This bill amends the Internal Revenue Code to exclude from the gross income of an individual who is at least 70-1/2 years of age up to $100,000 in distributions from an individual retirement plan to a donor-advised fund.

(A donor-advised fund is a fund or account that is separately identified by reference to contributions of a donor or donors. The account is owned and controlled by a sponsoring charitable organization, while the donor retains advisory privileges with respect to the distribution and investment of funds in the account.)

]]> Grow Philanthropy Act of 2016 Display Title Grow Philanthropy Act of 2016 Official Title as Introduced To amend the Internal Revenue Code of 1986 to allow tax-free distributions from individual retirement plans to donor-advised funds. Introduced in House IH Short Titles as Introduced Grow Philanthropy Act of 2016 Introduced in House 2016-04-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr4907ih/xml/BILLS-114hr4907ih.xml 2016-04-12 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.