I 

112TH CONGRESS 

1ST SESSION H. R. 2214 

To amend the Internal Revenue Code of 1986 to provide for a designation 

of tax overpayments to reduce the public debt, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JUNE 16, 2011 

Mr. STIVERS 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 provide 

for a designation of tax overpayments to reduce the 

public debt, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Debt Elimination By 

5 Tax-Deductible Contribution Act of 2011’’. 

6 SEC. 2. DESIGNATION OF DONATIONS FOR REDUCTION OF 

7 PUBLIC DEBT. 

8 (a) IN GENERAL.—Subchapter A of chapter 61 of the 

9 Internal Revenue Code of 1986 is amended by adding at 

10 the end the following new part: 


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1 ‘‘PART IX—DESIGNATION FOR DONATION TO 

2 REDUCE PUBLIC DEBT 

‘‘Sec. 6097. Designation for donation to reduce public debt. 

3 ‘‘SEC. 6097. DESIGNATION FOR DONATION TO REDUCE PUB4 LIC DEBT. 

5 ‘‘(a) IN GENERAL.—Every taxpayer who makes a re6 turn of the tax imposed by subtitle A for any taxable year 

7 may designate that a specified portion (not less than $1) 

8 of the amount of any overpayment of tax for such taxable 

9 year shall be deposited in the general fund of the Treasury 

10 to be used to reduce the public debt. 

11 ‘‘(b) MANNER AND TIME OF DESIGNATION.—A des12 ignation under subsection (a) may be made with respect 

13 to any taxable year— 

14 ‘‘(1) at the time of filing the return of the tax 

15 imposed by chapter 1 for such taxable year, or 

16 ‘‘(2) at any other time (after the time of filing 

17 the return of the tax imposed by chapter 1 for such 

18 taxable year) specified in regulations prescribed by 

19 the Secretary. 

20 Such designation shall be made in such manner as the 

21 Secretary prescribes by regulations except that, if such 

22 designation is made at the time of filing the return of the 

23 tax imposed by chapter 1 for such taxable year, such des24 ignation shall be made either on the first page of the re25 turn or on the page bearing the taxpayer’s signature. 


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1 ‘‘(c) TREATMENT OF AMOUNTS DESIGNATED.—For 

2 purposes of this title, the amount designated by any tax3 payer under subsection (a)— 

4 ‘‘(1) shall be treated as being refunded to such 

5 taxpayer as of the last date prescribed for filing the 

6 return of tax imposed by subtitle A (determined 

7 without regard to extensions) or, if later, the date 

8 the return is filed, and 

9 ‘‘(2) shall be treated as a contribution made by 

10 such taxpayer to the United States on such date or, 

11 at the election of the taxpayer, on the last day of the 

12 taxable year with respect to which such return is 

13 filed.’’. 

14 (b) TRANSFERS TO ACCOUNT TO REDUCE PUBLIC

15 DEBT.—The Secretary of the Treasury shall, from time 

16 to time, transfer to the special account established by sec17 tion 3113(d) of title 31, United States Code, amounts 

18 equal to the amounts designated under section 6097(a) 

19 of the Internal Revenue Code of 1986. 

20 (c) CLERICAL AMENDMENT.—The table of parts for 

21 such subchapter A of such Code is amended by adding 

22 at the end the following new item: 

‘‘PART IX. DESIGNATION OF DONATION TO REDUCE PUBLIC DEBT.’’. 

23 (d) EFFECTIVE DATE.—The amendments made by 

24 this section shall apply to taxable years ending after De25 cember 31, 2010. 


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1 SEC. 3. DEDUCTIBILITY OF GIFTS TO THE UNITED STATES 

2 TO REDUCE THE PUBLIC DEBT. 

3 Subsection (d) of section 3113 of title 31, United 

4 States Code, is amended by adding at the end the fol5 lowing new sentence: ‘‘For deductibility of gifts to the 

6 United States to reduce the public debt, see the deduction 

7 for charitable contributions and gifts under section 170 

8 of the Internal Revenue Code of 1986.’’. 

Æ 


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