HR 12497 · 95th Congress · Taxation

Religious and Charitable Donors' Tax Justice Act

Introduced 1978-05-02· Sponsored by Rep. Ottinger, Richard L. [D-NY-24]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1978-05-02)

Plain Language Summary

[AI summary unavailable — showing source text] Religious and Charitable Donors' Tax Justice Act - Amends the Internal Revenue Code to allow individuals a nonrefundable income tax credit for charitable contributions in lieu of a deduction. Provides that the credit shall not exceed 50 percent of the deduction which would be allowed or $500, whichever is less.…

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