118th Congress · HOUSE BILLBILL

H.R. 3435Charitable Act

To amend the Internal Revenue Code of 1986 to modify and extend the deduction for charitable contributions for individuals not itemizing deductions.

Taxation
Introduced May 17, 2023
Last action May 17, 2023
Pipeline · Bill → Law
Step 1
Introduced
May 17, 2023
Step 2
Referred
May 17, 2023
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill allows individual taxpayers who do not otherwise itemize their tax deductions a deduction in taxable years beginning in 2023 or 2024 for charitable contributions. The deduction is limited to one-third of the standard deduction allowed to such taxpayers.

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
May 17, 2023
Introduced in House
May 17, 2023
Referred to the House Committee on Ways and Means.