3.0.0 6397 2023-01-11T13:42:01Z 2023-01-11T13:42:01Z House HR 2018-07-17 115 [Congressional Record Volume 164, Number 120 (Tuesday, July 17, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. POSEY:H.R. 6397.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, clause 18 of the United StatesConstitutionTo amend the Internal Revenue Code of 1986 to establish anew status for certain tax-exempt organizations withadministrative expenses not exceeding 25 percent ofcontributions.[Page H6464]]]> hswm00 Ways and Means Committee House Standing Referred to 2018-07-17T14:01:45Z 2018-07-17 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2018-07-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-07-17 Introduced in House IntroReferral 1000 9 Library of Congress P000599 Rep. Posey, Bill [R-FL-8] Bill Posey R FL 8 N Taxation Business expenses Charitable contributions Social work, volunteer service, charitable organizations Tax administration and collection, taxpayers Tax-exempt organizations Taxation 00 2018-07-17 Introduced in House 2018-12-11T17:47:10Z Good Incentives for Vital Non-profit Governance Act or the GIVING Act

This bill amends the Internal Revenue Code to establish a new 501(c)(3)(A) status for certain tax-exempt organizations with exempt-purpose expenditures that comprise at least 75% of the total expenditures of the organization for the year. Exempt-purpose expenditures exclude administrative expenses.

]]> GIVING Act Display Title GIVING Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to establish a new status for certain tax-exempt organizations with administrative expenses not exceeding 25 percent of contributions. Introduced in House IH Short Titles as Introduced GIVING Act Short Titles as Introduced Good Incentives for Vital Non-profit Governance Act Introduced in House 2018-07-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr6397ih/xml/BILLS-115hr6397ih.xml 2018-07-17 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.