Bill114th CongressFiled Apr 15, 2015Taxation
S. 942
Fair Treatment for All Gifts Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Apr 15, 2015)
Fair Treatment for All Gifts Act
This bill amends the Internal Revenue Code to allow a deduction from the taxable amount of gifts for gifts made to specified tax-exempt organizations, including: (1) social welfare organizations; (2) labor, agricultural, and horticultural organizations; and (3) business leagues, chambers of commerce, real-estate boards, boards of trade, and professional football leagues.
What just happenedApr 15, 2015
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Portman, Rob [R-OH](R-OH)Sponsor
2 cosponsors2 R
2cosponsors1committees2actions1related bills3subjects
- Introduced in SenateApr 15, 2015
- Apr 15, 2015IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Apr 15, 2015IntroReferral10000
Introduced in Senate