US Codex
Bill
Notes

H.R. 1432 — what changed

VSO Equal Tax Treatment Act

From Introduced in House to Reported in House. 1 section amended between Introduced in House and Reported in House.

Sec. 2 Deductibility of charitable contributions to certain organizations for members of the Armed Forces

(a)
added In general— Section 170(c) of the Internal Revenue Code of 1986 is amended by inserting after paragraph (5) the following new paragraph:
(a)
removed In general—
(1)
removed Definition of a charitable contribution— Section 170(c) of the Internal Revenue Code of 1986 is amended by inserting after paragraph (5) the following new paragraph:

“(6) An organization described in section 501(c)(19) that is a federally chartered corporation.”

(b)
renumbered was (2)(3) Percentage limitation— Section 170(b)(1)(A) of the Internal Revenue Code of 1986 is amended by striking “or” at the end of clause (viii), by adding “or” at the end of clause (ix), and by inserting after clause (ix) the following new clause:

“(x) an organization described in section 501(c)(19) that is a federally chartered corporation,”

(c)
added Effective date— The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.
(b)
removed Effective date— The amendments made by this section shall apply with respect to taxable years beginning after the date of enactment of this Act.