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RCP Congressional Bill Tracker - H.R. 637

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H.R. 637: Permanent IRA Charitable Contribution Act of 2015

Title: Permanent IRA Charitable Contribution Act of 2015

Introduced: Feb 2, 2015 (114th Congress)

Sponsor: Rep. Aaron Schock [R-IL18]

Status: Reported by Committee - 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.

Summary: 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.

Votes


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