US HB3227 | 2009-2010 | 111th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 26-10)
Status: Introduced on July 9 2009 - 25% progression, died in committee
Action: 2009-07-15 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 9 2009 - 25% progression, died in committee
Action: 2009-07-15 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to: (1) make permanent the tax deduction for charitable contributions of food inventory by certain noncorporate taxpayers; (2) set forth rules for determining the basis and fair market value of contributed food; and (3) limit the reduction of such deduction in 2009 and 2010 to the amount by which the fair market value of the contributed food exceeds twice the basis of such food.
Title
To amend the Internal Revenue Code of 1986 to permanently extend and expand the charitable deduction for contributions of food inventory.
Sponsors
| Rep. Timothy Bishop [D-NY] | Sen. John Boozman [R-AR] | Rep. Leonard Boswell [D-IA] | Rep. Bruce Braley [D-IA] |
| Rep. Geoff Davis [R-KY] | Rep. Jo Emerson [R-MO] | Rep. Bob Etheridge [D-NC] | Rep. Bob Filner [D-CA] |
| Rep. Barney Frank [D-MA] | Rep. Charles Gonzalez [D-TX] | Rep. Raul Grijalva [D-AZ] | Rep. Brett Guthrie [R-KY] |
| Rep. Henry Johnson [D-GA] | Rep. Dale Kildee [D-MI] | Rep. Rick Larsen [D-WA] | Rep. Sander Levin [D-MI] |
| Rep. David Loebsack [D-IA] | Rep. Betsy Markey [D-CO] | Rep. Jim Marshall [D-GA] | Rep. Eric Massa [D-NY] |
| Rep. Thaddeus McCotter [R-MI] | Rep. Jim McDermott [D-WA] | Rep. James McGovern [D-MA] | Sen. Jerry Moran [R-KS] |
| Rep. Eleanor Norton [D-DC] | Rep. Erik Paulsen [R-MN] | Rep. Thomas Perriello [D-VA] | Sen. Gary Peters [D-MI] |
| Rep. David Price [D-NC] | Rep. Nick Rahall [D-WV] | Rep. Harold Rogers [R-KY] | Rep. Joe Sestak [D-PA] |
| Rep. Zachary Space [D-OH] | Rep. Lee Terry [R-NE] | Rep. Robert Wexler [D-FL] | Rep. Frank Wolf [R-VA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-07-15 | Referred to the House Committee on Ways and Means. | |
| 2009-07-09 | Sponsor introductory remarks on measure. (CR E1693) |
Same As/Similar To
SB1313 (Related) 2009-06-22 - Read twice and referred to the Committee on Finance.
Subjects
Food assistance and relief
Income tax deductions
Social work, volunteer service, charitable organizations
Taxation
Income tax deductions
Social work, volunteer service, charitable organizations
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/3227/all-info |
| Text | https://www.congress.gov/111/bills/hr3227/BILLS-111hr3227ih.pdf |
