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[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4899 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 4899

 To amend the Internal Revenue Code of 1986 to allow a credit for 100 
   percent of the contributions made by individuals to organizations 
    engaged in addressing the needs of at-risk youth and teenagers.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                             August 4, 1994

  Mr. Franks of Connecticut introduced the following bill; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL

 
 To amend the Internal Revenue Code of 1986 to allow a credit for 100 
   percent of the contributions made by individuals to organizations 
    engaged in addressing the needs of at-risk youth and teenagers.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. CREDIT FOR CONTRIBUTIONS TO CERTAIN ORGANIZATIONS OPERATING 
              FAMILY DEVELOPMENT PROGRAMS.

    (a) General Rule.--Subpart A of part IV of subchapter A of chapter 
1 of the Internal Revenue Code of 1986 (relating to nonrefundable 
personal credits) is amended by inserting after section 22 the 
following new section:

``SEC. 23. CONTRIBUTIONS FOR FAMILY DEVELOPMENT PROGRAMS.

    ``(a) Allowance of Credit.--In the case of an individual, there 
shall be allowed as a credit against the tax imposed by this chapter 
for the taxable year an amount equal to 100 percent of the qualified 
family development contributions made by the taxpayer during such 
taxable year.
    ``(b) Qualified Family Development Contribution.--For purposes of 
this section, the term `qualified family development contribution' 
means any contribution to a qualified organization if--
            ``(1) such contribution is in cash,
            ``(2) such contribution is to be used by the qualified 
        organization exclusively in its family development program 
        activities, and
            ``(3) the taxpayer receives from the qualified organization 
        a written statement representing that its use of such 
        contribution will be in accordance with the provisions of 
        paragraph (2).
    ``(c) Other Definitions.--For purposes of this section:
            ``(1) Qualified organization.--The term `qualified 
        organization' means any organization described in paragraph (2) 
        of section 170(c) if--
                    ``(A) such organization is operated primarily for 
                purposes of engaging in family development program 
                activities, and
                    ``(B) during the calendar year in which the 
                taxpayer's taxable year begins, such organization did 
                not receive any funds from the Federal Government or 
                under any State or local program funded in whole or in 
                part by the Federal Government.
            ``(2) Family development program activities.--The term 
        `family development program activities' means community-based 
        activities to foster positive growth of at-risk youth age 18 
        and under. Such term includes child care services, health care 
        services, tutorial programs, pre-school and after-school 
        services, mentoring programs, job-training services, juvenile 
        and adolescent recreational programs, family counseling and 
        crisis intervention services, and substance abuse services.
    ``(d) Denial of Double Benefit.--No deduction shall be allowed 
under section 170 for any qualified family development contribution 
taken into account under this section.''
    (b) Reporting Requirements.--
            (1) In general.--Subpart B of part III of subchapter A of 
        chapter 61 of such Code is amended by adding at the end the 
        following new section:

``SEC. 6050Q. RETURNS RELATING TO QUALIFIED FAMILY DEVELOPMENT 
              CONTRIBUTIONS.

    ``(a) In General.--Every organization which during any calendar 
year receives qualified family development contributions shall make a 
return according to the forms or regulations prescribed by the 
Secretary setting forth--
            ``(1) the name, address, and TIN of each person making such 
        contributions, and
            ``(2) the amount of such contributions made by each such 
        person.
    ``(b) Statements Furnished to Contributions.--Every organization 
required to make a return under subsection (a) shall furnish to each 
person whose name is required to be set forth in such return a written 
statement showing--
            ``(1) the name and address of the organization making the 
        return, and
            ``(2) the aggregate amount of the qualified family 
        development contributions made by such person.
The written statement required under the preceding sentence shall be 
furnished to the person on or before January 31 of the year following 
the calendar year for which the return under subsection (a) was made.
    ``(c) Qualified Family Development Contribution.--For purposes of 
this section, the term `qualified family development contribution' has 
the meaning given such term by section 23(b).''
            (2) Penalties.--
                    (A) Subparagraph (B) of section 6724(d)(1) of such 
                Code is amended by inserting after clause (viii) the 
                following new clause (and by redesignating the 
                following clauses accordingly):
                            ``(ix) section 6050Q (relating to returns 
                        relating to qualified family development 
                        contributions),''
                    (B) Paragraph (2) of section 6724(d) of such Code 
                is amended by inserting after subparagraph (P) the 
                following new subparagraph (and by redesignating the 
                following subparagraphs accordingly):
                    ``(Q) section 6050Q(b) (relating to returns 
                relating to qualified family development 
                contributions),''
    (c) Clerical Amendments.--
            (1) The table of sections for subpart A of part IV of 
        subchapter A of chapter 1 of such Code is amended by inserting 
        after the item relating to section 22 the following new 
        section:

                              ``Sec. 23. Contributions for family 
                                        development programs.''
            (2) The table of sections for subpart B of part III of 
        subchapter A of chapter 61 of such Code is amended by adding at 
        the end the following new item:

                              ``Sec. 6050Q. Returns relating to 
                                        qualified family development 
                                        contributions.''
    (d) Effective Date.--The amendments made by this section shall 
apply to contributions made after the date of the enactment of this 
Act.
                                 <all>
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