S. 1597 — Enhanced Incentives for Charitable Giving Act of 1999

Summary

Enhanced Incentives for Charitable Giving Act of 1999 - Amends the Internal Revenue Code to permit charitable contributions to be made to qualified low-income schools after the end of a tax year, if such contributions are made before the required filing time.

Permits non-itemizers to deduct a portion of their charitable contributions.

Increases the percentage limitations applicable to individual and corporate charitable contributions.

Sets forth a limited exception to the excess business holdings rule.

Full Text

Legislative Actions

1999-09-16
Introduced in Senate
1999-09-16
Sponsor introductory remarks on measure. (CR S11057-11058)
1999-09-16
Read twice and referred to the Committee on Finance.

Enhanced Incentives for Charitable Giving Act of 1999

Sponsors

Subjects

Summary

Full Text

Legislative Actions

Ask about this bill