Protecting Charitable Contributions Act of 2015

Bill: 114-s-2370
Sponsor: full_name: Sen. Roberts, Pat [R-KS]
Introduced: 2015-12-08
Policy area: Taxation
Subjects: Administrative law and regulatory procedures

Charitable contributions

Department of the Treasury

Income tax deductions

Internal Revenue Service (IRS)
Latest action: action_date: 2015-12-08
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2015-12-08
action_desc: Introduced in Senate
text: <p><strong>Protecting Charitable Contributions Act of 2015</strong></p> <p>This bill provides that the definitions and regulations in effect on January 1, 2015, relating to the substantiation of deductible charitable contributions in excess of $250, shall apply on and after the enactment date of the bill. The Internal Revenue Service shall not issue, revise, or finalize any regulation, revenue ruling, or other guidance relating to such definitions and regulations. </p>

tv_txt: II 114th CONGRESS 1st Session S. 2370 IN THE SENATE OF THE UNITED STATES December 8, 2015 Mr. Roberts introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To prohibit the Internal Revenue Service from modifying or amending the standards and regulations governing the substantiation of charitable contributions.

1. Short title This Act may be cited as the Protecting Charitable Contributions Act of 2015 . 2. Prohibition of IRS modification of standards and regulations for substantiation of charitable contributions (a) In general The definitions and regulations in effect on January 1, 2015, under section 170(f)(8) of the Internal Revenue Code of 1986 (relating to the substantiation of charitable contributions in excess of $250) shall apply on and after the date of the enactment of this Act. (b) Prohibition of any modification The Secretary of the Treasury shall not issue, revise, or finalize any regulation (including the proposed regulations published in the Federal Register on September 17, 2015 (80 Fed. Reg. 55802)), revenue ruling, or other guidance not limited to a particular taxpayer relating to the definitions and regulations specified in subsection (a).