HR 6974 · 94th Congress · Taxation

Religious and Charitable Donors' Tax Credit Act

Introduced 1975-05-14· Sponsored by Rep. Murtha, John P. [D-PA-12]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-05-14)

Plain Language Summary

[AI summary unavailable — showing source text] Religious and Charitable Donors' Tax Credit Act - Allows an income tax credit under the Internal Revenue Code equal to 50 percent of the amount allowed as a charitable deduction up to a maximum credit of $500 ($1,000 in the case of a joint return). Disallows a claim of a tax deduction when such tax credit is claimed.…

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