[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 241 Engrossed in House (EH)]
109th CONGRESS
1st Session
H. R. 241
_______________________________________________________________________
AN ACT
To accelerate the income tax benefits for charitable cash contributions
for the relief of victims of the Indian Ocean tsunami.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 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.
Passed the House of Representatives January 6, 2005.
Attest:
Clerk.
109th CONGRESS
1st Session
H. R. 241
_______________________________________________________________________
AN ACT
To accelerate the income tax benefits for charitable cash contributions
for the relief of victims of the Indian Ocean tsunami.