Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service, Department of the Treasury, relating to "Contributions in Exchange for State or Local Tax Credits".

Bill: 116-hjres-72
Sponsor: full_name: Rep. Sherrill, Mikie [D-NJ-11]
Introduced: 2019-07-16
Policy area: Taxation
Subjects: Administrative law and regulatory procedures

Charitable contributions

Congressional oversight

Department of the Treasury

Income tax credits

Income tax deductions

Internal Revenue Service (IRS)

State and local taxation

Tax administration and collection, taxpayers
Latest action: action_date: 2019-07-16
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2019-07-16
action_desc: Introduced in House
text: <p>This resolution expresses congressional disapproval of the rule submitted by the Internal Revenue Service relating to charitable contribution and estate tax deductions when a taxpayer receives or expects to receive a corresponding state or local tax credit, and such rule shall have no force or effect. </p>

tv_txt: IA 116th CONGRESS 1st Session H. J. RES. 72 IN THE HOUSE OF REPRESENTATIVES July 16, 2019 Ms. Sherrill (for herself, Mr. Gottheimer , Ms. Underwood , Mr. King of New York , Ms. Hill of California , Mr. Casten of Illinois , Mr. Cisneros , Mr. Phillips , Ms. Porter , Ms. Wild , Ms. Houlahan , Mr. Panetta , Mr. Rose of New York , Mr. Malinowski , Mr. Van Drew , Mr. Suozzi , Mr. Pascrell , Mr. Pallone , Mr. Norcross , Mr. Larson of Connecticut , Mr. Blumenauer , Mr. Higgins of New York , Mr. Danny K. Davis of Illinois , Mr. Courtney , Mrs. Hayes , Mr. Trone , Mr. Brendan F. Boyle of Pennsylvania , Mr. Kim , Mr. Sires , Ms. Judy Chu of California , Ms. DelBene , Mr. Payne , Ms. Norton , Mr. Rush , Mr. Ruppersberger , Mr. Levin of California , Mrs. Napolitano , Mrs. Trahan , Ms. Kelly of Illinois , Ms. DeLauro , Mr. Himes , Ms. Eshoo , Mrs. Lowey , Mr. Rouda , Mr. Sean Patrick Maloney of New York , Ms. Waters , Mrs. Watson Coleman , Mr. Michael F. Doyle of Pennsylvania , and Mr. Ted Lieu of California ) submitted the following joint resolution; which was referred to the Committee on Ways and Means JOINT RESOLUTION Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service, Department of the Treasury, relating to Contributions in Exchange for State or Local Tax Credits .

That Congress disapproves the rule submitted by the Internal Revenue Service, Department of the Treasury, relating to Contributions in Exchange for State or Local Tax Credits (84 Fed. Reg. 27513 (June 13, 2019)), and such rule shall have no force or effect.