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H.R. 5806

Supporting America's Charities Act

Supporting America's Charities Act - Amends the Internal Revenue Code to make permanent: (1) the tax deduction for charitable contributions by individuals and corporations of real property interests for conservation purposes, and (2) tax-free distributions from individual retirement accounts (IRAs) for charitable purposes. Allows a tax deduction for charitable contributions for conservation purposes of property conveyed under the Alaska Native Claims Settlement Act by an Alaska Native Corporation.

Modifies the tax deduction for charitiable contributions of food inventory to: (1) increase the amount of deductible food inventory contributions that taxpayers other than C corporations may make in any taxable year from 10% to 15% of their aggregate net income and to limit such amount for a C corporation to 15% of its taxable income; (2) permit a taxpayer who is not required to account for inventories or capitalize indirect costs to elect, solely for purposes of computing the amount of such deduction, to treat the basis of any apparently wholesome food (as defined in the Bill Emerson Good Samaritan Food Donation Act) as equal to 25% of the fair market value of such food and to set forth a formula for determining the fair market value of such food; and (3) make such deduction, as modified, permanent.

On motion to suspend the rules and pass the bill Failed by the Yeas and Nays: (2/3 required): 275 - 149 (Roll no. 562).

Rep. Camp, Dave [R-MI-4](R-MI)Sponsor
4 cosponsors4 R
4cosponsors2committees11actions1related bills9subjects
  • Introduced in HouseDec 8, 2014
  1. FloorH37300

    On motion to suspend the rules and pass the bill Failed by the Yeas and Nays: (2/3 required): 275 - 149 (Roll no. 562).

  2. Floor9000

    Failed of passage/not agreed to in House: On motion to suspend the rules and pass the bill Failed by the Yeas and Nays: (2/3 required): 275 - 149 (Roll no. 562).

  3. FloorH30000

    Considered as unfinished business. (consideration: CR H9075)

  4. FloorH37220

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

  5. FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 5806.

  6. FloorH30000

    Considered under suspension of the rules. (consideration: CR H8998-9002; text as introduced in House: CR H8998-8999)

  7. FloorH30300

    Mr. Camp moved to suspend the rules and pass the bill.

  8. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  9. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  10. IntroReferralIntro-H

    Introduced in House

  11. IntroReferral1000

    Introduced in House

Supporting America's Charities Act — Informed