IB
Union Calendar No. 369
113th CONGRESS
2d Session
H. R. 4619
[Report No. 113–496]
IN THE HOUSE OF REPRESENTATIVES
May 8, 2014
Mr. Schock (for himself and Mr. Blumenauer) introduced the following bill; which was referred to the Committee on Ways and Means
June 26, 2014
Additional sponsors: Mr. Kelly of Pennsylvania, Mr. Young of Indiana, Mr. Tiberi, Mr. Reichert, Mr. Reed, Mr. Price of Georgia, Mr. Stivers, and Mrs. Brooks of Indiana
June 26, 2014
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
Strike out all after the enacting clause and insert the part printed in italic
A BILL
To amend the Internal Revenue Code of 1986 to make permanent the rule allowing certain tax-free distributions from individual retirement accounts for charitable purposes.
Short title
This Act may be cited as the
Permanent IRA Charitable Contribution Act of 2014
.
Rule allowing certain tax-free distributions from individual retirements accounts for charitable purposes made permanent
In general
Section 408(d)(8) of the Internal Revenue Code of 1986 is amended by striking subparagraph (F).
Effective date
The amendment made by this section shall apply to distributions made in taxable years beginning after December 31, 2013.
June 26, 2014
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
