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

                                                  Union Calendar No. 14
114th CONGRESS
  1st Session
                                H. R. 637

                      [Report No. 114-20, Part I]

 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.


_______________________________________________________________________


                    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

                            February 9, 2015

     Additional sponsors: Mr. Costello of Pennsylvania and Mr. Reed

                            February 9, 2015

    Reported from the Committee on Ways and Means with an amendment
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]

                            February 9, 2015

 The Committee on the Budget discharged; committed to the Committee of 
  the Whole House on the State of the Union and ordered to be printed
    [For text of introduced bill, see copy of bill as introduced on 
                           February 2, 2015]


_______________________________________________________________________

                                 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. SHORT TITLE.

    This Act may be cited as the ``Permanent IRA Charitable 
Contribution Act of 2015''.

SEC. 2. 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. 3. 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.
                                                  Union Calendar No. 14

114th CONGRESS

  1st Session

                               H. R. 637

                      [Report No. 114-20, Part I]

_______________________________________________________________________

                                 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.

_______________________________________________________________________

                            February 9, 2015

    Reported from the Committee on Ways and Means with an amendment

                            February 9, 2015

 The Committee on the Budget discharged; committed to the Committee of 
  the Whole House on the State of the Union and ordered to be printed