A bill to amend the Internal Revenue Code of 1954 to extend certain transitional rules for allowing a charitable contribution deduction for purposes of the estate tax in the case of certain charitable remainder trusts.

Extends specified transitional rules, under the Internal Revenue Code of 1954, for allowing a charitable contribution deduction for purposes of the estate tax in the case of certain charitable remainder trusts. (Adds 26 U.S.C. 2055(e)(3)