Charitable Integrity Restoration Act

[AI summary unavailable — showing source text] Charitable Integrity Restoration Act - States that nothing in the Internal Revenue Code or in any other provision of law shall be construed to permit a deduction for a transfer of money or property to a charitable organization if there is a reasonable expectation that such organization will: (1) purchase a life insurance endowment or annuity for the donor or designee; or (2) engage in any other transaction which will personally benefit such person. Treats any such disallowed deduction as an expenditure inuring for the benefit of a private individual.…