[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 637 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 637

 To amend the Internal Revenue Code of 1986 to make permanent the rule 
  allowing certain tax-free distributions from individual retirement 
                   accounts for charitable purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                            February 2, 2015

 Mr. Schock (for himself and Mr. Blumenauer) introduced the following 
  bill; which was referred to the Committee on Ways and Means, and in 
      addition to the Committee on the Budget, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

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                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to make permanent the rule 
  allowing certain tax-free distributions from individual retirement 
                   accounts for charitable purposes.

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

SECTION 1. RULE ALLOWING CERTAIN TAX-FREE DISTRIBUTIONS FROM INDIVIDUAL 
              RETIREMENT ACCOUNTS FOR CHARITABLE PURPOSES MADE 
              PERMANENT.

    (a) In General.--Section 408(d)(8) of the Internal Revenue Code of 
1986 is amended by striking subparagraph (F).
    (b) Effective Date.--The amendment made by this section shall apply 
to distributions made in taxable years beginning after December 31, 
2014.

SEC. 2. BUDGETARY EFFECTS.

    The budgetary effects of this Act shall not be entered on either 
PAYGO scorecard maintained pursuant to section 4(d) of the Statutory 
Pay-As-You-Go Act of 2010.
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