[Congressional Record Volume 162, Number 3 (Wednesday, January 6, 2016)]
[House]
[Page H27]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PROMOTING CHARITABLE GIVING
(Mr. PAULSEN asked and was given permission to address the House for
1 minute.)
Mr. PAULSEN. Mr. Speaker, one of our country's most treasured values
is helping others who are less fortunate. We see it all the time in
communities around the Nation, with Americans raising money for a
worthy cause, donating food, or volunteering their time to help their
neighbors.
It is important that our Tax Code reflect these exact same values. It
was gratifying last month to see Congress come together passing a new
law that will promote charitable giving. One of the charitable
provisions in the new law was a bill that I authored. It makes
permanent a provision to allow a rollover donation from an individual's
IRA to go to an approved charitable foundation.
In addition, the new law will encourage the donation of food to food
banks from local businesses as well as promote environmental
conservation through the granting of land easements.
Mr. Speaker, there are many Americans who want to give back and help
others, and it is important that our Tax Code reflect these same values
and doesn't punish them for wanting to do so. Each of these provisions
help make that possible.
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