HR 14286 · 94th Congress · Taxation

Religious and Charitable Donors' Tax Justice Act

Introduced 1976-06-09· Sponsored by Rep. Ottinger, Richard L. [D-NY-24]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1976-06-09)

Plain Language Summary

[AI summary unavailable — showing source text] Religious and Charitable Donors' Tax Justice Act - Allows a tax credit, under the Internal Revenue Code, in an amount equal to 50 percent of the amount allowable to the taxpayer as a charitable contribution deduction. Limits such credit to $500 per taxable year. Stipulates that such credit shall be in lieu of the charitable contribution deduction.…

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