S. 566 · 118th Congress · Senate

Charitable Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Feb 28, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Charitable Act

This bill allows individual taxpayers who do not otherwise itemize their tax deductions a deduction in taxable years beginning in 2023 or 2024 for charitable contributions. The deduction is limited to one-third of the standard deduction allowed to such taxpayers.

Action Timeline

2
  1. FEB 28, 2023IntroReferral

    Introduced in Senate

  2. FEB 28, 2023IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Feb 28, 2023

Active