115-hr-6397115th Congress

GIVING Act

Sponsored By: Representative Posey, Bill [R-FL-8]

Unknown

Summary

Good Incentives for Vital Non-profit Governance Act or the GIVING Act This bill amends the Internal Revenue Code to establish a new 501(c)(3)(A) status for certain tax-exempt organizations with exempt-purpose expenditures that comprise at least 75% of the total expenditures of the organization for the year. Exempt-purpose expenditures exclude administrative expenses.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Posey, Bill [R-FL-8]

FL • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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