115-hr-6460115th Congress

LIFT for Charities Act

Sponsored By: Representative Walker, Mark [R-NC-6]

Unknown

Summary

Lessen Impediments from Taxes for Charities Act or the LIFT for Charities Act This bill amends the Internal Revenue Code to modify the requirements for determining the unrelated business taxable income of tax-exempt organizations. The bill repeals a provision that requires unrelated business taxable income to be increased by the amount of expenses paid or incurred by a tax-exempt organization for certain fringe benefits for which a tax deduction is not allowed, including benefits relating to transportation, parking, or an on-premises athletic facility.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Walker, Mark [R-NC-6]

NC • R

Cosponsors

  • Rep. Barr, Andy [R-KY-6]

    KY • R

    Sponsored 7/19/2018

  • Rep. Hartzler, Vicky [R-MO-4]

    MO • R

    Sponsored 7/19/2018

  • Rep. Rouzer, David [R-NC-7]

    NC • R

    Sponsored 7/19/2018

  • Rep. Johnson, Mike [R-LA-4]

    LA • R

    Sponsored 7/23/2018

  • Rep. Lamborn, Doug [R-CO-5]

    CO • R

    Sponsored 7/23/2018

  • Rep. Duncan, Jeff [R-SC-3]

    SC • R

    Sponsored 8/7/2018

Roll Call Votes

No roll call votes available for this bill.

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