[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2903 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 2903

    To amend the Internal Revenue Code of 1986 to provide that the 
 percentage limitations on the charitable deduction shall not apply to 
 contributions for purposes of disaster relief, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             August 5, 1993

  Mr. Talent introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
    To amend the Internal Revenue Code of 1986 to provide that the 
 percentage limitations on the charitable deduction shall not apply to 
 contributions for purposes of disaster relief, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That (a) subsection (b) 
of section 170 of the Internal Revenue Code of 1986 (relating to 
percentage limitations) is amended by adding at the end thereof the 
following new paragraph:
            ``(3) Limitations not applicable to disaster-relief 
        contributions.--
                    ``(A) In general.--The preceding provisions of this 
                subsection shall not limit the amount deductible under 
                subsection (a) for disaster-relief contributions.
                    ``(B) Application of limitation to other 
                contributions.--In applying this subsection and 
                subsection (d) to contributions other than disaster-
                relief contributions--
                            ``(i) except as provided in clause (ii), 
                        disaster-relief contributions shall be 
                        disregarded, and
                            ``(ii) the taxpayer's contribution base 
                        (or, in the case of a corporation, the 
                        taxpayer's taxable income) shall be reduced by 
                        the amount of the taxpayer's disaster-relief 
                        contributions.
                    ``(C) Disaster-relief contribution.--For purposes 
                of this paragraph, the term `disaster-relief 
                contribution' means any charitable contribution if--
                            ``(i) such contribution is to be used by 
                        the donee in providing disaster relief on 
                        account of a disaster occurring in an area 
                        which has been determined by the President of 
                        the United States to warrant assistance by the 
                        Federal Government under the Disaster Relief 
                        and Emergency Assistance Act, and
                            ``(ii) the taxpayer receives from the donee 
                        a written statement that its use of such 
                        contribution will be in accordance with the 
                        provisions of clause (i).''
    (b)(1) Subsection (a) of section 62 of such Code is amended by 
inserting after paragraph (14) the following new paragraph:
            ``(15) Disaster-relief charitable contributions.--The 
        deduction allowed under section 170 for disaster-relief 
        contributions (as defined in section 170(b)(3)(C)).''
    (2)(A) Subsection (a) of section 1402 of such Code is amended by 
striking ``and'' at the end of paragraph (14), by striking the period 
at the end of paragraph (15) and inserting ``and'', and by inserting 
after paragraph (15) the following new paragraph:
            ``(16) the deduction under section 170 for disaster-relief 
        contributions (as defined in section 170(b)(3)(C)) shall be 
        allowed.''
    (B) Subsection (a) of section 211 of the Social Security Act is 
amended by inserting after paragraph (15) the following new paragraph:
            ``(16) The deduction under section 170 of such Code for 
        disaster-relief contributions (as defined in section 
        170(b)(3)(C) of such Code) shall be allowed.''
    (c) The amendments made by this section shall apply to 
contributions made after December 31, 1992.

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