II
115th CONGRESS
1st Session
S. 587
IN THE SENATE OF THE UNITED STATES
March 9, 2017
Mr. Roberts introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to limit substantiation requirements for charitable contributions to returns submitted by the donor.
Short title
This Act may be cited as the Protecting Charitable Contributions Act of 2017
.
Modification of substantiation requirements for charitable contributions
In general
Paragraph (8) of section 170(f)(8) of the Internal Revenue Code of 1986 is amended by striking subparagraph (D) and by redesignating subparagraph (E) as subparagraph (D).
Effective date
The amendments made by this section shall apply to contributions made in taxable years beginning after December 31, 2016.