A bill to amend sections 170, 2055, and 2522 of the Internal Revenue Code of 1954 to provide a deduction for income, estate, and gift tax purposes for contributions to a section 501 (c) (10) organization for the purpose of building or maintaining a building.

Amends the Internal Revenue Code to allow a charitable deduction against the income, estate, and gift tax for contributions by an individual to a domestic fraternal society operating under the lodge system for the purpose of constructing or maintaining a building the principal purpose of which is to house such organization.