SENATE 618117th CongressRead twice and referred to the Committee on Finance.
Universal Giving Pandemic Response and Recovery Act
- Last Action
- 3/9/2021
Actions
- 2021-03-09Read twice and referred to the Committee on Finance.
- 2021-03-09Introduced in Senate
CRS Summary
As of 2021-03-09 (00)
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.
Cosponsors (18)
- Christopher Coons (D-DE)
- Mike Lee (R-UT)
- Jeanne Shaheen (D-NH)
- Tim Scott (R-SC)
- Amy Klobuchar (D-MN)
- Susan Collins (R-ME)
- Catherine Cortez Masto (D-NV)
- Jim Inhofe (R-OK)
- Roy Blunt (R-MO)
- Marco Rubio (R-FL)
- John Hoeven (R-ND)
- Debbie Stabenow (D-MI)
- Gary Peters (D-MI)
- Maggie Hassan (D-NH)
- Sherrod Brown (D-OH)
- John Boozman (R-AR)
- Bob Casey (D-PA)
- Raphael Warnock (D-GA)
Subjects
- Charitable contributions
- Income tax deductions
- Tax administration and collection, taxpayers
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.