[Congressional Record Volume 160, Number 38 (Thursday, March 6, 2014)]
[Senate]
[Page S1369]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PHILIPPINES CHARITABLE GIVING ASSISTANCE ACT
Mr. REID. Mr. President, I ask unanimous consent that the Senate
Finance Committee be discharged from further consideration of S. 1821
and the Senate proceed to its immediate consideration; that a Hirono-
Heller amendment, which is at the desk, be agreed to; that the bill, as
amended, be read a third time and passed; further, that upon passage
the bill be held at the desk and that if the Senate receives a bill
from the House, the text of which is identical to S. 1821, as passed by
the Senate, the Senate proceed to its immediate consideration, the bill
be read three times and passed, without any intervening action or
debate; finally, the Senate bill be indefinitely postponed and all
motions to reconsider be considered made and laid upon the table.
The PRESIDING OFFICER. Without objection, it is so ordered.
The amendment (No. 2806) was agreed to, as follows:
(Purpose: To change the dates during which contributions may be made to
be treated as made in 2013, and for other purposes)
On page 2, lines 7 and 8, strike ``January 1, 2014, and
before March 1, 2014,'' and inserting ``the date of the
enactment of this Act, and before April 15, 2014,''.
On page 2, beginning at line 23, strike all through line
25.
SEC. 2. ACCELERATION OF INCOME TAX BENEFITS FOR CHARITABLE
CASH CONTRIBUTIONS FOR RELIEF OF VICTIMS OF
TYPHOON HAIYAN IN THE PHILIPPINES.
(a) In General.--For purposes of section 170 of the
Internal Revenue Code of 1986, a taxpayer may treat any
contribution described in subsection (b) made after the date
of enactment of this Act, and before April 15, 2014, as if
such contribution was made on December 31, 2013, and not in
2014.
(b) Contribution Described.--A contribution is described in
this subsection if such contribution is a cash contribution
made for the relief of victims in areas affected by Typhoon
Haiyan, for which a charitable contribution deduction is
allowable under section 170 of the Internal Revenue Code of
1986.
(c) Recordkeeping.--In the case of a contribution described
in subsection (b), a telephone bill showing the name of the
donee organization, the date of the contribution, and the
amount of the contribution shall be treated as meeting the
recordkeeping requirements of section 170(f)(17) of the
Internal Revenue Code of 1986.
The bill (S. 1821), as amended, was ordered to be engrossed for a
third reading, was read the third time, and passed, as follows:
S. 1821
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 ``Philippines Charitable
Giving Assistance Act''.
SEC. 2. ACCELERATION OF INCOME TAX BENEFITS FOR CHARITABLE
CASH CONTRIBUTIONS FOR RELIEF OF VICTIMS OF
TYPHOON HAIYAN IN THE PHILIPPINES.
(a) In General.--For purposes of section 170 of the
Internal Revenue Code of 1986, a taxpayer may treat any
contribution described in subsection (b) made after the date
of the enactment of this Act, and before April 15, 2014, as
if such contribution was made on December 31, 2013, and not
in 2014.
(b) Contribution Described.--A contribution is described in
this subsection if such contribution is a cash contribution
made for the relief of victims in areas affected by Typhoon
Haiyan, for which a charitable contribution deduction is
allowable under section 170 of the Internal Revenue Code of
1986.
(c) Recordkeeping.--In the case of a contribution described
in subsection (b), a telephone bill showing the name of the
donee organization, the date of the contribution, and the
amount of the contribution shall be treated as meeting the
recordkeeping requirements of section 170(f)(17) of the
Internal Revenue Code of 1986.
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