HR 6325 · 116th Congress · Taxation

Supporting Charitable Institutions Act of 2020

Introduced 2020-03-23· Sponsored by Rep. Pappas, Chris [D-NH-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2020-03-23)

Plain Language Summary

[AI summary unavailable — showing source text] Supporting Charitable Institutions Act of 2020 This bill allow a new tax credit for charitable contributions made in cash during 2020 to a charitable organization for relief efforts connected to COVID-19 (i.e., the coronavirus disease 2019). The credit is limited to 24% of contributions not exceeding $4,000 for an individual taxpayer, $6,000 for a head of household, and $8,000 for a married couple filing a joint return.…

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