[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1432 Reported in House (RH)]

<DOC>





                                                 Union Calendar No. 286
118th CONGRESS
  2d Session
                                H. R. 1432

                          [Report No. 118-351]

     To amend the Internal Revenue Code of 1986 to provide for the 
deductibility of charitable contributions to certain organizations for 
                      members of the Armed Forces.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 7, 2023

  Mr. Wenstrup (for himself and Mr. Panetta) introduced the following 
      bill; which was referred to the Committee on Ways and Means

                            January 18, 2024

  Additional sponsors: Mr. Grothman, Mr. Murphy, Mrs. Miller of West 
 Virginia, Mr. Carey, Ms. Sewell, Mr. Davis of Illinois, Mr. Crow, Mr. 
Tony Gonzales of Texas, Mr. Carbajal, Mr. Davis of North Carolina, Mr. 
        Ryan, Mr. Baird, Mrs. Miller-Meeks, and Mr. Fitzpatrick

                            January 18, 2024

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]
 [For text of introduced bill, see copy of bill as introduced on March 
                                7, 2023]


_______________________________________________________________________

                                 A BILL


 
     To amend the Internal Revenue Code of 1986 to provide for the 
deductibility of charitable contributions to certain organizations for 
                      members of the Armed Forces.


 


    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 ``VSO Equal Tax Treatment Act'' or as 
the ``VETT Act''.

SEC. 2. DEDUCTIBILITY OF CHARITABLE CONTRIBUTIONS TO CERTAIN 
              ORGANIZATIONS FOR MEMBERS OF THE ARMED FORCES.

    (a) In General.--Section 170(c) of the Internal Revenue Code of 
1986 is amended by inserting after paragraph (5) the following new 
paragraph:
            ``(6) An organization described in section 501(c)(19) that 
        is a federally chartered corporation.''.
    (b) Percentage Limitation.--Section 170(b)(1)(A) of the Internal 
Revenue Code of 1986 is amended by striking ``or'' at the end of clause 
(viii), by adding ``or'' at the end of clause (ix), and by inserting 
after clause (ix) the following new clause:
                            ``(x) an organization described in section 
                        501(c)(19) that is a federally chartered 
                        corporation,''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after the date of the enactment of 
this Act.
                                                 Union Calendar No. 286

118th CONGRESS

  2d Session

                               H. R. 1432

                          [Report No. 118-351]

_______________________________________________________________________

                                 A BILL

     To amend the Internal Revenue Code of 1986 to provide for the 
deductibility of charitable contributions to certain organizations for 
                      members of the Armed Forces.

_______________________________________________________________________

                            January 18, 2024

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed