On July 17, the House approved legislation (H.R. 4719) that would significantly increase charitable giving in the United States. The legislation makes permanent three temporary (and currently expired) provisions in the tax code that encourage charitable giving by both individuals and businesses: the IRA charitable rollover, an enhanced tax deduction for donating land conservation easements and an enhanced tax deduction for donating food inventory. The legislation also extends through April 15 the deadline for claiming charitable donations on the previous year's tax filing and streamlines the excise tax on foundation investment income.
Thank you to all AHP members who helped make this happen by contacting your members of Congress and asking them to vote in favor of H.R. 4719.
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Susan Simolunas
Communication Coor
Association for Healthcare Philanthropy
Falls Church VA
(703) 532-6243
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