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 modifies 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 income tax rate from 21% to 21.03%.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1223 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 1223

 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

                           February 14, 2019

   Mr. Clyburn (for himself, Ms. Clarke of New York, Mr. Suozzi, Mr. 
 Horsford, Ms. Hill of California, Mrs. Beatty, Mr. Bishop of Georgia, 
Mr. Brown of Maryland, Ms. Brownley of California, Mr. Butterfield, Mr. 
Clay, Mr. Cleaver, Mr. Cummings, Mrs. Demings, Ms. Fudge, Mr. Hastings, 
    Ms. Johnson of Texas, Mrs. Lawrence, Ms. Lee of California, Mr. 
McEachin, Ms. Moore, Ms. Norton, Ms. Plaskett, Mr. Richmond, Mr. Rush, 
Mr. David Scott of Georgia, Mr. Thompson of Mississippi, Ms. Underwood, 
 Mrs. Watson Coleman, Ms. Wilson of Florida, and Mr. Cohen) 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 percent'' and inserting ``21.03 percent''.
    (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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