H. R. 637
IN THE HOUSE OF REPRESENTATIVES
February 2, 2015
Mr. Schock (for himself and Mr. Blumenauer) introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned
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.
Rule allowing certain tax-free distributions from individual retirement accounts for charitable purposes made permanent
Section 408(d)(8) of the Internal Revenue Code of 1986 is amended by striking subparagraph (F).
The amendment made by this section shall apply to distributions made in taxable years beginning after December 31, 2014.
The budgetary effects of this Act shall not be entered on either PAYGO scorecard maintained pursuant to section 4(d) of the Statutory Pay-As-You-Go Act of 2010.