H.R. 637 — what changed
Permanent IRA Charitable Contribution Act of 2015
From Introduced in House to Reported in House. 2 sections amended and 1 added between Introduced in House and Reported in House.
Section 1 Short title
added This Act may be cited as the “Permanent IRA Charitable Contribution Act of 2015”.
removed
In general— Section 408(d)(8) of the Internal Revenue Code of 1986 is amended by striking subparagraph (F).
removed
Effective date— The amendment made by this section shall apply to distributions made in taxable years beginning after December 31, 2014.
Sec. 2 Rule allowing certain tax-free distributions from individual retirement accounts for charitable purposes made permanent
added
In general— Section 408(d)(8) of the Internal Revenue Code of 1986 is amended by striking subparagraph (F).
added
Effective date— The amendment made by this section shall apply to distributions made in taxable years beginning after December 31, 2014.
removed
The budgetary effects of this Act shall not be entered on either PAYGO scorecard maintained pursuant to section 4(d) of the Statutory Pay-As-You-Go Act of 2010.
Sec. 3 Budgetary effects
addedadded The budgetary effects of this Act shall not be entered on either PAYGO scorecard maintained pursuant to section 4(d) of the Statutory Pay-As-You-Go Act of 2010.