Ask AI
S. 618

Universal Giving Pandemic Response and Recovery Act

Universal Giving Pandemic Response and Recovery Act

This bill allows individual taxpayers who do not otherwise itemize their tax deductions a deduction in taxable years beginning in 2021 or 2022 for charitable contributions. The deduction is limited to one-third of the standard deduction allowed to such taxpayers.

Read twice and referred to the Committee on Finance.

Sen. Lankford, James [R-OK](R-OK)Sponsor
18 cosponsors10 D8 R
18cosponsors1committees2actions1related bills3subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Universal Giving Pandemic Response and Recovery Act — Informed