HR 2225 · 104th Congress · Taxation
Choice in Welfare Tax Credit Act of 1995
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1995-08-04)
Plain Language Summary
[AI summary unavailable — showing source text]
Choice in Welfare Tax Credit Act of 1995 - Amends the Internal Revenue Code to permit an individual income tax credit of up to $100 ($200 for a joint return) of the value of certain charitable contributions to any tax-exempt, U.S. organization that spends at least 70 percent of aggregate expenditures assisting the poor. Requires that: (1) taxpayers identify each such contribution and the recipient on the individual's tax return; and (2) such charities provide copies of their annual return to such individuals upon request.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
1 Democrat19 Republicans