3.0.0 2123 2023-01-11T13:39:23Z 2023-01-11T13:39:23Z Senate S 2017-11-14 115 ssfi00 Finance Committee Senate Standing Referred to 2017-11-14T21:09:04Z Universal Charitable Giving Act of 2017 115 3988 HR 2017-10-11 Sponsor introductory remarks on measure. (CR H7959) Identical bill CRS 2017-11-14 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2017-11-14 Introduced in Senate IntroReferral 10000 9 Library of Congress L000575 Sen. Lankford, James [R-OK] James Lankford R OK N Taxation Charitable contributions Income tax deductions Taxation 00 2017-11-14 Introduced in Senate 2017-12-12T20:19:31Z Universal Charitable Giving Act of 2017

This bill amends the Internal Revenue Code to allow a deduction from gross income (above-the-line deduction) for charitable contributions of individuals who do not elect to itemize deductions for the taxable year. The deduction may not exceed one-third of the standard deduction of the individual.

]]> Universal Charitable Giving Act of 2017 Display Title Universal Charitable Giving Act of 2017 Short Titles as Introduced Universal Charitable Giving Act of 2017 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to allow above-the-line deductions for charitable contributions for individuals not itemizing deductions. Introduced in Senate 2017-11-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s2123is/xml/BILLS-115s2123is.xml 2017-11-14 Read twice and referred to the Committee on Finance. 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.