Bill Sponsor
House Bill 3188
116th Congress(2019-2020)
To amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions by regulated public utilities.
Introduced
Introduced
Introduced in House on Jun 10, 2019
Overview
Text
Introduced
Jun 10, 2019
Latest Action
Jun 10, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3188
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Sponsorship by Party
Democrat
California
Republican
Missouri
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

This bill amends the Internal Revenue Code, with respect to the tax deduction for charitable contributions, to extend from 5 years to 20 years the time period during which a corporation that is a regulated public utility or an affiliated group may carry over excess charitable contributions.

Text (1)
June 10, 2019
Actions (2)
06/10/2019
Referred to the House Committee on Ways and Means.
06/10/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 6:47:27 AM