Senate bill S566-118

Finance Committee

Charitable Act

• Last activity on Feb 28, 2023

• Introduced Feb 28, 2023

• By Sen. Lankford, James [R-OK]

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Charitable Act

This bill allows individual taxpayers who do not otherwise itemize their tax deductions a deduction in taxable years beginning in 2023 or 2024 for charitable contributions. The deduction is limited to one-third of the standard deduction allowed to such taxpayers.

Senate Actions

IntroReferral
Feb. 28 2023	Read twice and referred to the Committee on Finance.

Library of Congress Actions

IntroReferral
Feb. 28 2023	Introduced in Senate

Senate bill S566-118

Charitable Act

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