[Congressional Record Volume 163, Number 194 (Wednesday, November 29, 2017)]
[Senate]
[Page S7410]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1593. Mr. LANKFORD submitted an amendment intended to be proposed
by him to the bill H.R. 1, to provide for reconciliation pursuant to
titles II and V of the concurrent resolution on the budget for fiscal
year 2018; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. __. ALLOWING ABOVE-THE-LINE DEDUCTIONS FOR CHARITABLE
CONTRIBUTIONS FOR INDIVIDUALS NOT ITEMIZING
DEDUCTIONS.
(a) In General.--Subsection (a) of section 62 is amended by
inserting after paragraph (21) the following new paragraph:
``(22) Charitable contributions for individuals not
itemizing deductions.--In the case of an individual who does
not elect to itemize his deductions for the taxable year, the
deduction allowed by section 170. The preceding sentence
shall not apply to any deduction in excess of an amount equal
to the product of \1/3\ and the standard deduction for such
individual.''.
(b) Effective Date.--The amendment made by this section
shall apply with respect to taxable years beginning after the
date of enactment of this Act.
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