S. 2264

A bill to amend the Internal Revenue Code of 1986 to extend for 2 years the tax-free distributions from individual retirement plans for charitable purposes.

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II

Calendar No. 456

110th CONGRESS

1st Session

S. 2264

IN THE SENATE OF THE UNITED STATES

October 30, 2007

Mr. Roberts introduced the following bill; which was read the first time

October 31, 2007

Read the second time and placed on the calendar

A BILL

To amend the Internal Revenue Code of 1986 to extend for 2 years the tax-free distributions from individual retirement plans for charitable purposes.

1.

2-year extension of tax-free distributions from individual retirement plans for charitable purposes

(a)

In general

Subparagraph (F) of section 408(d)(8) of the Internal Revenue Code of 1986 (relating to termination) is amended by striking December 31, 2007 and inserting December 31, 2009.

(b)

Effective date

The amendment made by this section shall apply to distributions made in taxable years beginning after December 31, 2007.

October 31, 2007

Read the second time and placed on the calendar