S 1597 · 106th Congress · Taxation

Enhanced Incentives for Charitable Giving Act of 1999

Introduced 1999-09-16· Sponsored by Sen. Kerrey, J. Robert [D-NE]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(1999-09-16)

Plain Language Summary

[AI summary unavailable — showing source text] Enhanced Incentives for Charitable Giving Act of 1999 - Amends the Internal Revenue Code to permit charitable contributions to be made to qualified low-income schools after the end of a tax year, if such contributions are made before the required filing time. Permits non-itemizers to deduct a portion of their charitable contributions. Increases the percentage limitations applicable to individual and corporate charitable contributions. Sets forth a limited exception to the excess business holdings rule.…

Summarized by Claude AI · Non-partisan · For informational purposes only