A bill to amend the Internal Revenue Code of 1954 to allow taxpayers electing the standard deduction to take a separate deduction for charitable contributions and to allow low- and middle-income taxpayers a deduction of up to 200 percent of such contributions.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow individuals who elect the standard deduction to take a separate deduction for charitable contributions. Allows taxpayers with incomes of less than $29,000 to take a charitable deduction in excess of the actual amount of charitable contributions made, based on a specified adjustment factor.…