[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 1561 Introduced in Senate (IS)]

112th Congress
  1st Session
                                S. 1561

     To amend the Internal Revenue Code of 1986 to provide for the 
  deductibility of charitable contributions to agricultural research 
                 organizations, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           September 15, 2011

 Ms. Stabenow (for herself, Mr. Thune, Mr. Brown of Ohio, Mr. Bennet, 
     Mr. Wyden, Mr. Coons, Mr. Blunt, Mr. Cochran, and Mr. Inhofe) 
introduced the following bill; which was read twice and referred to the 
                          Committee on Finance

_______________________________________________________________________

                                 A BILL


 
     To amend the Internal Revenue Code of 1986 to provide for the 
  deductibility of charitable contributions to agricultural research 
                 organizations, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Charitable Agricultural Research 
Act''.

SEC. 2. DEDUCTIBILITY OF CHARITABLE CONTRIBUTIONS TO AGRICULTURAL 
              RESEARCH ORGANIZATIONS.

    (a) In General.--Subparagraph (A) of section 170(b)(1) of the 
Internal Revenue Code of 1986 is amended by striking ``or'' at the end 
of clause (vii), by striking the comma at the end of clause (viii) and 
inserting ``, or'', and by inserting after clause (viii) the following 
new clause:
                            ``(ix) an agricultural research 
                        organization directly engaged in the continuous 
                        active conduct of agricultural research (as 
                        defined in section 1404 of the Agricultural 
                        Research, Extension, and Teaching Policy Act of 
                        1977) in conjunction with a land-grant college 
                        or university (as defined in such section) or a 
                        non-land grant college of agriculture (as 
                        defined in such section), and during the 
                        calendar year in which the contribution is made 
                        such organization is committed to spend such 
                        contribution for such research before January 1 
                        of the fifth calendar year which begins after 
                        the date such contribution is made,''.
    (b) Expenditures To Influence Legislation.--Paragraph (4) of 
section 501(h) of the Internal Revenue Code of 1986 is amended by 
redesignating subparagraphs (E) and (F) as subparagraphs (F) and (G), 
respectively, and by inserting after subparagraph (D) the following new 
subparagraph:
                    ``(E) section 170(b)(1)(A)(ix) (relating to 
                agricultural research organizations),''.
    (c) Effective Date.--The amendments made by this section shall 
apply to contributions made on and after the date of the enactment of 
this Act.
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