H.R. 3435 · 118th Congress

Charitable Act

Stage
In committee
Introduced
2023-05-17
Latest action
2023-05-17 · Introduced in House

Summary

Charitable Act

This bill allows individual taxpayers who do not otherwise itemize their tax deductions a deduction in taxable years beginning in 2023 or 2024 for charitable contributions. The deduction is limited to one-third of the standard deduction allowed to such taxpayers.