Bill journey · stage 2 of 5
Under committee review
What it doesSummary reported to house with amendment(s) (May 2, 2014)
Permanent S Corporation Charitable Contributions Act of 2014 - Amends the Internal Revenue Code to make permanent the tax rule requiring an adjustment to the basis of a shareholder's stock in an S corporation that makes tax deductible charitable contributions of appreciated property in taxable years beginning after 2013.
What just happenedMay 2, 2014
Placed on the Union Calendar, Calendar No. 318.
Who’s behind it
Placed on the Union Calendar, Calendar No. 318.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-430.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-430.
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 21 - 14.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
Permanent S Corporation Charitable Contributions Act of 2014 - Amends the Internal Revenue Code to make permanent the tax rule requiring an adjustment to the basis of a shareholder's stock in an S corporation that makes tax deductible charitable contributions of appreciated property in taxable years beginning after 2013.
Amends the Internal Revenue Code to make permanent the tax rule requiring a decrease in the basis of a shareholder's stock in an S corporation that makes tax deductible charitable contributions of property.