H.R. 4002 · 116th Congress
Everyday Philanthropist Act
- Stage
- In committee
- Sponsor
- Vern Buchanan
- Introduced
- 2019-07-25
- Latest action
- 2019-07-25 · Introduced in House
Summary
Everyday Philanthropist Act
This bill allows employers to offer certain employees a tax-advantaged flexible giving account as a fringe benefit. Flexible giving accounts allow employees to set aside up to $2,700 of their annual pretax earnings to make tax-deductible charitable contributions without having to itemize tax deductions.