109 HR 241 : To accelerate the income tax benefits for charitable cash contributions for the relief of victims of the Indian Ocean tsunami. U.S. House of Representatives 2005-01-06 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.

I 109th CONGRESS 1st Session H. R. 241 IN THE HOUSE OF REPRESENTATIVES January 6, 2005 Mr. Thomas (for himself and Mr. Rangel) introduced the following bill; which was referred to the Committee on Ways and Means January 6, 2005 The Committee on Ways and Means discharged; which was considered and passed A BILL To accelerate the income tax benefits for charitable cash contributions for the relief of victims of the Indian Ocean tsunami.

1.

Acceleration of income tax benefits for charitable cash contributions for relief of Indian Ocean tsunami victims

(a)

In general

For purposes of section 170 of the Internal Revenue Code of 1986, a taxpayer may treat any contribution described in subsection (b) made in January 2005 as if such contribution was made on December 31, 2004, and not in January 2005. (b)

Contribution described

A contribution is described in this subsection if such contribution is a cash contribution made for the relief of victims in areas affected by the December 26, 2004, Indian Ocean tsunami for which a charitable contribution deduction is allowable under section 170 of the Internal Revenue Code of 1986.