Title: Stop the Tax Hike on Charities and Places of Worship Act
Policy area: Taxation

Summary:
Stop the Tax Hike on Charities and Places of Worship Act
This bill amends the Internal Revenue Code to modify the requirements for determining the unrelated business taxable income of tax-exempt organizations. The bill repeals a provision that requires unrelated business taxable income to be increased by the amount of expenses paid or incurred by a tax-exempt organization for certain fringe benefits for which a tax deduction is not allowed, including benefits relating to transportation, parking, or an on-premises athletic facility.
The bill also increases the corporate tax rate from 21% to 22%.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6504 Introduced in House (IH)]

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115th CONGRESS
  2d Session
                                H. R. 6504

 To amend the Internal Revenue Code of 1986 to repeal the increase in 
 unrelated business taxable income by amount of certain fringe benefit 
                               expenses.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 25, 2018

Mr. Clyburn (for himself, Ms. Clarke of New York, Mr. Suozzi, Mr. Gene 
Green of Texas, Mr. Meeks, Mr. Thompson of Mississippi, Ms. Fudge, Mr. 
    Carson of Indiana, Mr. Scott of Virginia, Ms. Bass, Mrs. Watson 
   Coleman, Ms. Kelly of Illinois, Ms. Plaskett, Mr. David Scott of 
    Georgia, Mrs. Demings, Ms. Wilson of Florida, Mr. Cleaver, Mr. 
Hastings, Mr. Butterfield, Mr. Veasey, Mr. Danny K. Davis of Illinois, 
Mr. Evans, Ms. Jackson Lee, Mr. McEachin, Mr. Clay, Mr. Rush, Ms. Eddie 
Bernice Johnson of Texas, Mrs. Beatty, Mr. Payne, Ms. Blunt Rochester, 
 Ms. Sewell of Alabama, and Ms. Adams) 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 repeal the increase in 
 unrelated business taxable income by amount of certain fringe benefit 
                               expenses.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stop the Tax Hike on Charities and 
Places of Worship Act''.

SEC. 2. REPEAL OF INCREASE OF UNRELATED BUSINESS TAXABLE INCOME BY 
              AMOUNT OF CERTAIN FRINGE BENEFITS.

    (a) In General.--Section 512(a) of the Internal Revenue Code of 
1986 is amended by striking paragraph (7).
    (b) Effective Date.--The amendment made by this section shall take 
effect as if included in section 13703 of Public Law 115-97.

SEC. 3. INCREASE IN TAX IMPOSED ON CORPORATIONS.

    (a) In General.--Section 11(b) of the Internal Revenue Code of 1986 
is amended by striking ``21'' and inserting ``22''.
    (b) Effective Date.--The amendment made by this section shall apply 
with respect to taxable years beginning after the date of the enactment 
of this Act.
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