119 S3975 IS: IRA Charitable Rollover Facilitation and Enhancement Act of 2026 U.S. Senate 2026-03-03 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II119th CONGRESS2d SessionS. 3975IN THE SENATE OF THE UNITED STATESMarch 3, 2026Mr. Young (for himself, Mr. Bennet, Mr. Lankford, Ms. Cortez Masto, and Ms. Cantwell) introduced the following bill; which was read twice and referred to the Committee on FinanceA BILLTo amend the Internal Revenue Code of 1986 to allow charitable rollovers from individual retirement accounts to donor advised funds.

1.

Short title

This Act may be cited as the IRA Charitable Rollover Facilitation and Enhancement Act of 2026.

2.

Repeal of restriction on charitable rollovers from individual retirement accounts to donor advised funds

(a)

In general

Section 408(d)(8)(B)(i) of the Internal Revenue Code of 1986 is amended by striking or any fund or account described in section 4966(d)(2).(b)

Effective date

The amendment made by this section shall apply to distributions after the date of the enactment of this Act.