S.931 - A bill to amend the Internal Revenue Code of 1986 to reform the rules relating to fractional charitable donations of tangible personal property.

view all titles (1)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code of 1986 to reform the rules relating to fractional charitable donations of tangible personal property. as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 1
  • Past Seven Days: 1
  • All-Time: 754
 
Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
05/10/11
 
 
 
 
 
 
 

Official Summary

Amends Internal Revenue Code provisions relating to the tax deduction for donations of fractional interests in tangible personal property to: (1) permit donors to claim an increased deduction based upon the market value of subsequent gifts of fractional interests, (2) extend to 20 years the

Official Summary

Amends Internal Revenue Code provisions relating to the tax deduction for donations of fractional interests in tangible personal property to:
(1) permit donors to claim an increased deduction based upon the market value of subsequent gifts of fractional interests,
(2) extend to 20 years the period in which donors of fractional interests must contribute their entire interest in donated property, and
(3) require donors of fractional interests greater than $1 million to attach a statement of value obtained from the Internal Revenue Service (IRS) to their tax returns.

...Read the Rest




Vote on This Bill

-% Users Support Bill

0 in favor / 0 opposed
 

Send Your Senator a Letter

about this bill Support Oppose Tracking
Track with MyOC