H.R. 5293 · 116th Congress
Universal Charitable Giving Act of 2019
- Stage
- In committee
- Sponsor
- Mark Walker
- Introduced
- 2019-12-03
- Latest action
- 2019-12-03 · Introduced in House
Summary
Universal Charitable Giving Act of 2019
This bill allows individual taxpayers a deduction from gross income (above-the-line deduction) for charitable contributions even if such taxpayers do not elect to itemize deductions for the taxable year. The deduction may not exceed one-third of the taxpayer's standard deduction amount.