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H.R. 2945

To amend the Internal Revenue Code of 1986 to permanently extend and expand the charitable deduction for contributions of food inventory.

Amends the Internal Revenue Code to: (1) make permanent the tax deduction for charitable contributions of food inventory; (2) set forth rules for determining the basis and fair market value of contributed food; and (3) increase from 10% to 15% of taxpayer net income the amount of deductible food inventory contributions which a taxpayer, including a C corporation, may make in any taxable year.

Referred to the House Committee on Ways and Means.

Rep. Levin, Sander M. [D-MI-9](D-MI)Sponsor
18 cosponsors14 D4 R
18cosponsors1committees3actions2related bills4subjects
  • Introduced in HouseAug 1, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

To amend the Internal Revenue Code of 1986 to permanently extend and expand the charitable… — Informed