S. 566 · 118th Congress
Charitable Act
- Stage
- In committee
- Sponsor
- James Lankford
- Introduced
- 2023-02-28
- Latest action
- 2023-02-28 · Introduced in Senate
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.