H.R. 3628

Promoting Charitable Actions Act of 2007

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I

110th CONGRESS

1st Session

H. R. 3628

IN THE HOUSE OF REPRESENTATIVES

September 20, 2007

Mr. Space introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to extend for 4 years the enhanced charitable deduction for contributions of food inventory.

1.

Short title

This Act may be cited as the Promoting Charitable Actions Act of 2007.

2.

4-year extension of enhanced charitable deduction for contributions of food inventory

(a)

In general

Clause (iv) of section 170(e)(3)(C) of the Internal Revenue Code of 1986 is amended by striking December 31, 2007 and inserting December 31, 2011.

(b)

Effective date

The amendment made by this section shall apply to contributions made after December 31, 2007.