IRA Charitable Rollover Facilitation and Enhancement Act of 2025

H.R. 2891 · 119th Congress · Apr 10, 2025 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to allow charitable rollovers from individual retirement accounts to donor advised funds.

Section 1 Short title

This Act may be cited as the “IRA Charitable Rollover Facilitation and Enhancement Act of 2025”.

Sec. 2 Repeal of restriction on charitable rollovers from individual retirement accounts to donor advised funds

(a)

In general— Section 408(d)(8)(B)(i) of the Internal Revenue Code of 1986 is amended by striking “or any fund or account described in section 4966(d)(2)”.

(b)

Effective date— The amendment made by this section shall apply to distributions after the date of the enactment of this Act.

Lineage

Apr 10, 2025viewing Introduced in House Mr. Smith of Nebraska (for himself, Mr. Panetta, Mr. Buchanan, Mr. Kelly of Pennsylvania, Ms. Sewell, Mr. Suozzi, Mr. Beyer, Mr. Thompson of California, Mr. Moran, and Mr. Hern of Oklahoma) introduced the following bill; which was referred to the Committee on Ways and Means

IRA Charitable Rollover Facilitation and Enhancement Act of 2025

Section 1 Short title

Sec. 2 Repeal of restriction on charitable rollovers from individual retirement accounts to donor advised funds

Cite this provision

Incoming references