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S. 1429

Charitable Agricultural Research Act

Charitable Agricultural Research Act

This bill amends the Internal Revenue Code to: (1) allow a tax deduction for charitable contributions to agricultural research organizations directly engaged in the continuous active conduct of research in conjunction with an agricultural college or university, and (2) extend to such organizations the prohibition against expenditures by public charities to influence legislation.

Read twice and referred to the Committee on Finance.

Sen. Thune, John [R-SD](R-SD)Sponsor
7 cosponsors4 D3 R
7cosponsors1committees2actions1related bills7subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Charitable Agricultural Research Act — Informed