Expressing the sense of the House that Congress should recognize the benefits of charitable giving and express support for the designation of #GivingTuesday.

Bill: 114-hres-935
Sponsor: full_name: Rep. Gabbard, Tulsi [D-HI-2]
Introduced: 2016-11-29
Policy area: Taxation
Subjects: Charitable contributions

Income tax deductions

Social work, volunteer service, charitable organizations
Latest action: action_date: 2016-11-29
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2016-11-29
action_desc: Introduced in House
text: <p>Recognizes that the United States needs a strong and vibrant charitable and philanthropic sector to enable communities to meet local needs.</p> <p>Expresses support for: (1) the designation of #GivingTuesday as a way to encourage charitable giving; and (2) strong incentives that encourage all Americans to give generously to charitable organizations by protecting the existing charitable deduction and reinstating incentives that encourage philanthropy, volunteering, and innovation.</p> <ul> </ul>

tv_txt: IV 114th CONGRESS 2d Session H. RES. 935 IN THE HOUSE OF REPRESENTATIVES November 29, 2016 Ms. Gabbard (for herself and Mr. Young of Alaska ) submitted the following resolution; which was referred to the Committee on Ways and Means RESOLUTION Expressing the sense of the House that Congress should recognize the benefits of charitable giving and express support for the designation of #GivingTuesday.

Whereas the Tuesday following Thanksgiving, Black Friday, and Cyber Monday kicks off the holiday giving season with a global day dedicated to charitable giving known as #GivingTuesday; Whereas #GivingTuesday is in its fourth year and has become a worldwide movement that celebrates the power of giving in all its forms; Whereas #GivingTuesday brought together more than 2,500 organizations in all 50 States in its first year and continues to gain momentum with more than 45,000 partners in the United States and around the world, increasing online donations 755 percent since the Tuesday after Thanksgiving in 2011 (before #GivingTuesday began); Whereas #GivingTuesday, along with other community giving days, highlights the charitable community in America which boasts one-and-a-half million nonprofits, philanthropic organizations, and religious congregations dedicated to improving lives and strengthening communities; Whereas nonprofit organizations are key partners with Federal, State, and local governments in the delivery of key programs and services, including child learning and nutrition, emergency disaster response, victims’ services, and job training and placement programs; Whereas communities are lifted up by the exposure of all citizens to the cultural, educational, and civic opportunities provided by nonprofit organizations; Whereas United States volunteerism and generosity toward the common good led to over 60 percent of Americans, including 84 percent of millennials, making financial contributions to support the work of nonprofit organizations; Whereas recent bipartisan polling found that 78 percent of voters support increased collaboration between the government and the charitable sector, 88 percent believe it should be easier for individuals to deduct charitable contributions, and 79 percent believe all individuals should be allowed to deduct charitable contributions, not just those who itemize deductions; Whereas virtually every person in the United States benefits from the work of the charitable community, which employs over 13,700,000 workers, or 10 percent, of the United States workforce, and engages an additional 63,000,000 volunteers; Whereas the charitable sector plays a vital economic role contributing $887,300,000,000 to the United States economy, including providing nearly $588,000,000 in annual wages and benefits; Whereas individuals, foundations, and businesses give over $335,000,000,000 to support charitable causes in 2014, and it has been estimated that, with no deduction for charitable gifts, annual individual giving would drop by 25 to 36 percent; Whereas other effective charitable giving incentives in the tax code related to individual retirement account contributions, food donations, and conservation easement donations expired on January 1, 2015, for the fifth time in recent years; Whereas the United States is a great country with a strong philanthropic tradition that should be continued and carried on; and Whereas giving back is something all political parties can agree on, transcending any differences of ideology and uniting people across boundaries; Now, therefore, be it

That the House of Representatives— (1) recognizes that the United States needs a strong and vibrant charitable and philanthropic sector to enable communities to meet local needs; (2) supports the designation of #GivingTuesday as a way to encourage charitable giving and therefore enact positive change and promote causes that further progress and prosperity for a better world; and (3) supports strong incentives for all Americans to give generously to charitable organizations by protecting the existing charitable deduction and reinstating incentives that encourage philanthropy, volunteering, and innovation.