[20070913]RS21144_慈善税收优惠：立法提案概述.pdf

Order Code RS21144Updated September 13, 2007Tax Incentives for Charity: An Overview of Legislative ProposalsJane G. GravelleSenior Specialist in Economic PolicyGovernment and Finance DivisionSummaryThis reports briefly discusses the development of proposals for tax incentives forcharity embodied in H.R. 7 and S. 476 in the 108th Congress and S. 6 in the 109th; therevisions in the Pension Protection Act (P.L. 109-280), and prospects for futurelegislation. Proposed changes initially included charitable deductions for non-itemizers,rollovers of IRAs into charitable uses, a reduction in the excise tax on private foundationincome, an increase in the deductions cap for corporate contributions, and severalnarrower provisions relating to business contributions of property and charitableremainder trusts. P.L. 109-280 included some of these changes, along with somerevenue offsets. Legislation involving tax incentives for charity began in the 107th Congress with theCommunity Solutions Act of 2001 (H.R. 7). This bill, adopted in 2001 by the House, hadeight new tax provisions designed to benefit charitable giving including a cappeddeduction for non-itemizers. The President had proposed three of