Veterans Organizations Tax Reform Act

[AI summary unavailable — showing source text] Veterans' Organizations Tax Reform Act - Amends the Internal Revenue Code to provide that an organization of war veterans shall not be exempt from taxation if a substantial part of its activities consists of carrying on propaganda, or otherwise attempting to influence legislation with respect to matters not related to veterans affairs. Disallows estate, gift, and income tax deductions for charitable contributions to veterans' organizations disqualified for a tax exemption under the provisions of this Act. Defines "veterans affairs" as issues directly relating to: (1) programs and benefits for veterans and the surviving spouses and children of veterans; and (2) the armed forces of the United States and national defense.…