[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4783 Referred in Senate (RFS)]

111th CONGRESS
  2d Session
                                H. R. 4783


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 10, 2010

                                Received

               March 26 (legislative day, March 25), 2010

          Read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 AN ACT


 
To accelerate the income tax benefits for charitable cash contributions 
for the relief of victims of the earthquake in Chile, and to extend the 
 period from which such contributions for the relief of victims of the 
                earthquake in Haiti may be accelerated.

    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 VICTIMS OF EARTHQUAKE IN 
              CHILE.

    (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 after February 26, 2010, and on or before April 
15, 2010, as if such contribution were made on December 31, 2009, and 
not in 2010.
    (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 earthquake in Chile on 
February 27, 2010, for which a charitable contribution deduction is 
allowable under section 170 of the Internal Revenue Code of 1986.
    (c) Recordkeeping.--In the case of a contribution described in 
subsection (b), a telephone bill showing the name of the donee 
organization, the date of the contribution, and the amount of the 
contribution shall be treated as meeting the recordkeeping requirements 
of section 170(f)(17) of the Internal Revenue Code of 1986.

SEC. 2. EXTENSION OF PERIOD FROM WHICH CHARITABLE CASH CONTRIBUTIONS 
              FOR RELIEF OF VICTIMS OF EARTHQUAKE IN HAITI MAY BE 
              ACCELERATED.

    (a) In General.--Subsection (a) of section 1 of Public Law 111-126 
is amended by striking ``before March 1, 2010'' and inserting ``on or 
before April 15, 2010''.
    (b) Effective Date.--The amendment made by this section shall apply 
to contributions made after February 28, 2010.

SEC. 3. BUDGETARY PROVISIONS.

    (a) Statutory Paygo.--The budgetary effects of this Act, for the 
purpose of complying with the Statutory Pay-As-You-Go Act of 2010, 
shall be determined by reference to the latest statement titled 
``Budgetary Effects of PAYGO Legislation'' for this Act, submitted for 
printing in the Congressional Record by the Chairman of the Committee 
on the Budget of the House of Representatives, provided that such 
statement has been submitted prior to the vote on passage.
    (b) Emergency Designation.--
            (1) Statutory paygo.--This Act is designated as an 
        emergency requirement pursuant to section 4(g) of the Statutory 
        Pay-As-You-Go Act of 2010 (Public Law 111-139; 2 U.S.C. 
        933(g)).
            (2) House paygo rules.--All applicable provisions in this 
        Act are designated as an emergency for purposes of pay-as-you-
        go principles.

            Passed the House of Representatives March 10, 2010.

            Attest:

                                            LORRAINE C. MILLER,

                                                                 Clerk.