HR 5411 · 93th Congress · Taxation
Tax Deduction for Volunteer Services Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1973-03-08)
Plain Language Summary
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Tax Deduction for Volunteer Services Act - Title I - Short Title and Definitions - Permits a tax deduction by an individual on Federal income tax returns for time contributed in non-salaried volunteer social or charitable work in direct assistance to the aged, infirm, economically disadvantaged, or minor children. Title II - Method of Administration and Determination - Provides that the monetary value may not exceed the prevailing specified Federal minimum wage multiplied by the number of hours of volunteer work certifiably performed.…
Summarized by Claude AI · Non-partisan · For informational purposes only