US HB4002 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 7-4)
Status: Introduced on July 25 2019 - 25% progression, died in committee
Action: 2019-07-25 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 25 2019 - 25% progression, died in committee
Action: 2019-07-25 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows employers to offer certain employees a tax-advantaged flexible giving account as a fringe benefit. Flexible giving accounts allow employees to set aside up to $2,700 of their annual pretax earnings to make tax-deductible charitable contributions without having to itemize tax deductions.
Title
Everyday Philanthropist Act
Sponsors
Rep. Vern Buchanan [R-FL] | Rep. Thomas Suozzi [D-NY] | Rep. Cheri Bustos [D-IL] | Rep. Mark Pocan [D-WI] |
Rep. Barry Loudermilk [R-GA] | Rep. Bryan Steil [R-WI] | Rep. Dean Phillips [D-MN] | Rep. Jeff Van Drew [R-NJ] |
Rep. Sheila Jackson-Lee [D-TX] | Rep. Jim Costa [D-CA] | Rep. Vicente Gonzalez [D-TX] |
History
Date | Chamber | Action |
---|---|---|
2019-07-25 | House | Referred to the House Committee on Ways and Means. |
2019-07-25 | House | Introduced in House |
Subjects
Charitable contributions
Employee benefits and pensions
Income tax deductions
Income tax exclusion
Taxation
Employee benefits and pensions
Income tax deductions
Income tax exclusion
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/4002/all-info |
Text | https://www.congress.gov/116/bills/hr4002/BILLS-116hr4002ih.pdf |