II 111th CONGRESS 2d Session S. 2931 IN THE SENATE OF THE UNITED STATES January 20, 2010 Mr. Nelson of Florida (for himself, Mr. Kerry, Mr. Leahy, Mr. Harkin, Mr. Durbin, Ms. Landrieu, Mr. Bingaman, Mr. LeMieux, Mr. Lautenberg, Mrs. Feinstein, Mr. Udall of New Mexico, and Mr. Whitehouse) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To accelerate the income tax benefits for charitable cash contributions for the relief of victims of the earthquake in Haiti.

1.

Acceleration of income tax benefits for charitable cash contributions for relief of the earthquake in Haiti

(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 January 11, 2010, and before February 16, 2010, as if such contribution was 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 Haiti on January 12, 2010, for which a charitable contribution deduction is allowable under section 170 of the Internal Revenue Code of 1986.