Permanent S Corporation Charitable Contributions Act of 2014

H.R. 4454 · 113th Congress · Apr 10, 2014 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to make permanent certain rules regarding basis adjustments to stock of S corporations making charitable contributions of property.

1. Permanent rule regarding basis adjustment to stock of S corporations making charitable contributions of property

(a)

In general— Section 1367(a)(2) of the Internal Revenue Code of 1986 is amended by striking the last sentence.

(b)

Effective date— The amendment made by this section shall apply to contributions made in taxable years beginning after December 31, 2013.

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Apr 10, 2014viewing Reported in House Mr. Reichert (for himself and Mr. Kind) introduced the following bill; which was referred to the Committee on Ways and Means See what changed
Apr 10, 2014 Introduced in House Mr. Reichert (for himself and Mr. Kind) introduced the following bill; which was referred to the Committee on Ways and Means

Permanent S Corporation Charitable Contributions Act of 2014

1. Permanent rule regarding basis adjustment to stock of S corporations making charitable contributions of property

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