110 HR 3129 IH: To amend the Internal Revenue Code of 1986 to allow taxpayers to designate income tax overpayments as contributions to the Federal Government on their income tax returns. U.S. House of Representatives 2007-07-23 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 110th CONGRESS 1st Session H. R. 3129 IN THE HOUSE OF REPRESENTATIVES July 23, 2007 Mr. Gohmert 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 allow taxpayers to designate income tax overpayments as contributions to the Federal Government on their income tax returns.

1.

Donation to the Federal Government of income tax overpayments

(a)

General rule

Subchapter A of chapter 61 of the Internal Revenue Code of 1986 (relating to returns and records) is amended by adding at the end the following new part: IX

Donation to the Federal Government of income tax overpayments

Sec. 6097. Donation of income tax overpayments.

6097.

Donation of income tax overpayments

(a)

General rule

Every taxpayer who makes a return of the tax imposed by subtitle A for any taxable year may designate that a specified portion (not less than $1) of the amount of any overpayment of tax for such taxable year shall be deposited in the general fund of the Treasury and shall be made available as provided in appropriation Acts. (b)

Manner and time of designation

Any designation under subsection (a) for any taxable year shall be made— (1)at the time of filing the return of the tax imposed by subtitle A for such taxable year, and (2)in such manner as the Secretary may by regulation prescribe, except that such designation shall be made either on the first page of the return or on the page bearing the taxpayer’s signature. (c)

Treatment of amounts designated

For purposes of this title, the amount designated by any taxpayer under subsection (a)— (1)shall be treated as being refunded to such taxpayer as of the last date prescribed for filing the return of tax imposed by subtitle A (determined without regard to extensions) or, if later, the date the return is filed, and (2)shall be treated as a contribution made by such taxpayer to the United States on such date or, at the election of the taxpayer, on the last day of the taxable year with respect to which such return is filed.

. (b)

Clerical amendment

The table of parts for subchapter A of chapter 61 of such Code is amended by adding at the end thereof the following new item: Part IX. Donation to the Federal Government of income tax overpayments.. (c)

Effective date

The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.