S 166 · 112th Congress · Taxation
Good Samaritan Hunger Relief Tax Incentive Extension Act of 2011
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2011-01-25)
Plain Language Summary
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Good Samaritan Hunger Relief Tax Incentive Extension Act of 2011- Amends the Internal Revenue Code to: (1) modify the tax deduction for charitable contributions of food inventory by limiting the reduction in such deduction to the amount by which the fair market valuation of the contributed food exceeds twice the basis of such food; and (2) make such deduction permanent.…
Summarized by Claude AI · Non-partisan · For informational purposes only