To amend the Internal Revenue Code of 1986 to make permanent the rule allowing certain tax-free distributions from individual retirement accounts for charitable purposes.
Permanent IRA Charitable Contribution Act of 2015
(Sec. 2) This bill amends the Internal Revenue Code to make permanent the exclusion from gross income of distributions from individual retirement accounts made for charitable purposes.
(Sec. 3) This provision exempts the budgetary effects of this Act from entry on PAYGO scorecards under the Statutory Pay-As-You-Go Act of 2010.
Introduced in House
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ordered to be Reported (Amended) by the Yeas and Nays: 24 - 14.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-20, Part I.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-20, Part I.
Committee on the Budget discharged.
Committee on the Budget discharged.
Placed on the Union Calendar, Calendar No. 14.
COSPONSOR AUTHORITY - Mr. Paulsen asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 637, a bill originally introduced by Rep. Schock of Illinois, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
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