S 1577 · 101th Congress · Taxation
A bill to amend the Internal Revenue Code of 1986 to provide that charitable contributions of appreciated property will not be treated as an item of tax preference.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(1989-08-04)
Plain Language Summary
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Amends the Internal Revenue Code to remove charitable contributions of appreciated capital gain property as an item of tax preference for purposes of the alternative minimum tax.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (14)
6 Democrats8 Republicans