Bill Sponsor
House Bill 3259
116th Congress(2019-2020)
Charities Helping Americans Regularly Throughout the Year Act of 2019
Introduced
Introduced
Introduced in House on Jun 13, 2019
Overview
Text
Introduced
Jun 13, 2019
Latest Action
Jun 13, 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
3259
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
Oregon
Republican
Pennsylvania
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Charities Helping Americans Regularly Throughout the Year Act of 2019

This bill modifies several tax provisions in the Internal Revenue Code affecting charitable contributions and tax-exempt organizations.

The Internal Revenue Service may determine the standard mileage rate for deducting the cost of using a passenger automobile for charitable purposes (currently set by statute at 14 cents per mile), and that rate may not be less than the rate for medical purposes (20 cents per mile in 2019).

The bill requires tax-exempt organizations to file their returns in electronic form.

The bill excludes from the gross income of an individual who is at least 70-1/2 years of age up to $100,000 in distributions from an individual retirement plan to a donor advised fund (DAF). The bill also modifies disclosure requires for DAFs. (A DAF is a fund or account that is separately identified by reference to contributions of a donor or donors. The account is owned and controlled by a sponsoring charitable organization, while the donor retains advisory privileges with respect to the distribution and investment of funds in the account.)

The bill reduces from 2% to 1% the excise tax on the investment income of private foundations and eliminates a provision that reduces the rate to 1% if a foundation meets certain distribution requirements.

Text (1)
June 13, 2019
Actions (2)
06/13/2019
Referred to the House Committee on Ways and Means.
06/13/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:51:06 PM