HR 617 · 96th Congress · Taxation

Religious and Charitable Donors Tax Credit Act of 1977

Introduced 1979-01-15· Sponsored by Rep. O'Brien, George M. [R-IL-17]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-01-15)

Plain Language Summary

[AI summary unavailable — showing source text] Religious and Charitable Donors' Tax Credit Act of 1977 - Amends the Internal Revenue Code to allow individuals to elect a nonrefundable income tax credit for charitable contributions in lieu of the current income tax deduction. Limits such credit to the lesser of 50 percent of the income tax deduction which would be allowed or $500.…

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