[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2231 Introduced in House (IH)]







108th CONGRESS
  1st Session
                                H. R. 2231

To amend the Internal Revenue Code of 1986 to exempt the deduction for 
   charitable contributions from the phaseout of itemized deductions.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 22, 2003

  Mr. Crane 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 exempt the deduction for 
   charitable contributions from the phaseout of itemized deductions.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXEMPTION OF CHARITABLE CONTRIBUTION DEDUCTION FROM PHASEOUT 
              OF ITEMIZED DEDUCTIONS.

    (a) In General.--Subsection (c) of section 68 of the Internal 
Revenue Code of 1986 (relating to overall limitation on itemized 
deductions) is amended by striking ``and'' at the end of paragraph (2), 
by striking the period at the end of paragraph (3) and inserting ``, 
and'', and by adding at the end the following new paragraph:
            ``(4) the deduction under section 170 (relating to 
        charitable, etc., contributions and gifts).''
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2003.
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