HR 3188 · 116th Congress · Taxation

To amend the Internal Revenue Code of 1986 to extend the limitation on the carryover of excess corporate charitable contributions by regulated public utilities.

Introduced 2019-06-10· Sponsored by Rep. Thompson, Mike [D-CA-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2019-06-10)

Plain Language Summary

[AI summary unavailable — showing source text] This bill amends the Internal Revenue Code, with respect to the tax deduction for charitable contributions, to extend from 5 years to 20 years the time period during which a corporation that is a regulated public utility or an affiliated group may carry over excess charitable contributions.…

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

Cosponsors (1)

1 Republican
Rep. Smith, Jason [R-MO-8]MO