HR 5209 · 93th Congress · Volunteer workers

Volunteers' Tax Incentive Act

Introduced 1973-03-06· Sponsored by Rep. Carney, Charles J. [D-OH-19]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-03-06)

Plain Language Summary

[AI summary unavailable — showing source text] Volunteers' Tax Incentive Act - Allows a tax deduction under the Internal Revenue Code equal to the number of hours of volunteer service multiplied by $2.00, to a maximum of $2,000 for individuals performing volunteer public service having a particular importance to the welfare of the community. Limits the tax deduction to work performed for Federal, State, or local governmental organizations. Requires documentation of the work by the agency for which it was performed. (Amends 26 U.S.C. 218)…

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