US Congress Senate Bill 1282 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Introduced on May 2 2019 - 25% progression, died in committee
Action: 2019-05-02 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Modifies the requirements for determining the unrelated business taxable income of tax-exempt organizations. The bill repeals provisions that (1) require organizations with more than one unrelated trade or business to compute unrelated business taxable income separately for each trade or business; and (2) increase unrelated business taxable income by the amount of expenses paid or incurred by an organization for certain fringe benefits for which a tax deduction is not allowed, including benefits relating to transportation, parking, or an on-premises athletic facility.

Preserve Charities and Houses of Worship Act

Sen. Ted Cruz [R-TX]	Sen. Jeanne Shaheen [D-NH]	Sen. Joni Ernst [R-IA]	Sen. Kevin Cramer [R-ND]
Sen. Mike Lee [R-UT]	Sen. Martha McSally [R-AZ]

Date	Chamber	Action
2019-05-02	Senate	Read twice and referred to the Committee on Finance.

HB513 (Related) 2019-01-11 - Referred to the House Committee on Ways and Means.
SB632 (Related) 2019-02-28 - Read twice and referred to the Committee on Finance.
HB1545 (Related) 2019-03-05 - Referred to the House Committee on Ways and Means.
SB501 (Related) 2019-02-14 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/1282/all-info
Text	https://www.congress.gov/116/bills/s1282/BILLS-116s1282is.pdf