Bill115th CongressFiled Nov 14, 2017Taxation
S. 2123
Universal Charitable Giving Act of 2017
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Nov 14, 2017)
Universal Charitable Giving Act of 2017
This bill amends the Internal Revenue Code to allow a deduction from gross income (above-the-line deduction) for charitable contributions of individuals who do not elect to itemize deductions for the taxable year. The deduction may not exceed one-third of the standard deduction of the individual.
What just happenedNov 14, 2017
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Lankford, James [R-OK](R-OK)Sponsor
1committees2actions1related bills2subjects
- Introduced in SenateNov 14, 2017
- Nov 14, 2017IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Nov 14, 2017IntroReferral10000
Introduced in Senate