To amend the Internal Revenue Code of 1986 to provide for flexible giving accounts, and for other purposes.
Everyday Philanthropist Act
This bill allows employers to offer certain employees a tax-advantaged flexible giving account as a fringe benefit. Flexible giving accounts allow employees to set aside up to $5,000 of their annual pretax earnings to make tax-deductible charitable contributions without having to itemize tax deductions.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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