Charitable Giving Extension Act

Bill: 113-hr-3134
Sponsor: full_name: Rep. Kelly, Mike [R-PA-3]
Introduced: 2013-09-19
Policy area: Taxation
Subjects: Accounting and auditing

Charitable contributions

Income tax deductions

Social work, volunteer service, charitable organizations
Latest action: action_date: 2014-06-26
text: Placed on the Union Calendar, Calendar No. 368.

Summaries:
action_date: 2013-09-19
action_desc: Introduced in House
text: <p>Charitable Giving Extension Act - Amends the Internal Revenue Code to allow an individual taxpayer who makes a tax deductible charitable contribution after the close of a taxable year, but not later than the due date of such taxpayer's tax return for that taxable year, to treat such contribution as made in such taxable year.</p>

action_date: 2014-06-26
action_desc: Reported to House with amendment(s)
text: <p>Charitable Giving Extension Act - Amends the Internal Revenue Code to allow an individual taxpayer who makes a tax deductible charitable contribution after the close of a taxable year, but not later than the due date of such taxpayer's tax return for that taxable year, to treat such contribution as made in such taxable year.</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 3134 IN THE HOUSE OF REPRESENTATIVES September 19, 2013 Mr. Kelly of Pennsylvania 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 charitable contributions made by an individual after the close of the taxable year, but before the tax return due date, to be treated as made in such taxable year.

1. Short title This Act may be cited as the Charitable Giving Extension Act . 2. Extension of time for making charitable contributions (a) In general Subsection (a) of section 170 of the Internal Revenue Code of 1986 is amended by redesignating paragraphs (2) and (3) as paragraphs (3) and (4), respectively, and by inserting after paragraph (1) the following new paragraph: (2) Treatment of charitable contributions made by individuals before due date of return If any charitable contribution is made by an individual after the close of a taxable year but not later than the due date (determined without regard to extensions) for the return of tax for such taxable year, then the taxpayer may elect to treat such charitable contribution as made in such taxable year. Such election may be made only at the time of the filing of such return of tax and shall be signified in such manner as the Secretary may provide. . (b) Effective date The amendments made by this section shall apply to contributions made in taxable years beginning after December 31, 2013.

tv_txt: IB Union Calendar No. 368 113th CONGRESS 2d Session H. R. 3134 [Report No. 113–495] IN THE HOUSE OF REPRESENTATIVES September 19, 2013 Mr. Kelly of Pennsylvania introduced the following bill; which was referred to the Committee on Ways and Means June 26, 2014 Additional sponsors: Mr. Enyart and Mr. Marino June 26, 2014 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed Strike out all after the enacting clause and insert the part printed in italic A BILL To amend the Internal Revenue Code of 1986 to allow charitable contributions made by an individual after the close of the taxable year, but before the tax return due date, to be treated as made in such taxable year.

1. Short title This Act may be cited as the Charitable Giving Extension Act . 2. Extension of time for making charitable contributions (a) In general Subsection (a) of section 170 of the Internal Revenue Code of 1986 is amended by redesignating paragraphs (2) and (3) as paragraphs (3) and (4), respectively, and by inserting after paragraph (1) the following new paragraph: (2) Treatment of charitable contributions made by individuals before due date of return If any charitable contribution is made by an individual after the close of a taxable year but not later than the due date (determined without regard to extensions) for the return of tax for such taxable year, then the taxpayer may elect to treat such charitable contribution as made in such taxable year. Such election may be made only at the time of the filing of such return of tax and shall be signified in such manner as the Secretary may provide. . (b) Effective date The amendments made by this section shall apply to contributions made in taxable years beginning after December 31, 2013.

1. Short title This Act may be cited as the Charitable Giving Extension Act . 2. Extension of time for making charitable contributions (a) In general Subsection (a) of section 170 of the Internal Revenue Code of 1986 is amended by redesignating paragraphs (2) and (3) as paragraphs (3) and (4), respectively, and by inserting after paragraph (1) the following new paragraph: (2) Treatment of charitable contributions made by individuals before due date of return If any charitable contribution is made by an individual after the close of a taxable year but not later than the due date (determined without regard to extensions) for the return of tax for such taxable year, then the taxpayer may elect to treat such charitable contribution as made in such taxable year. Such election shall be made at such time and in such manner as the Secretary may provide. . (b) Effective date The amendments made by this section shall apply to elections made with respect to taxable years beginning after December 31, 2013.

June 26, 2014 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed