CHARITY 2022 Act

I 116TH CONGRESS 2D SESSION H. R. 6490 To amend the Internal Revenue Code of 1986 to allow above-the-line deduc- tions for charitable contributions for individuals not itemizing deductions. IN THE HOUSE OF REPRESENTATIVES APRIL 10, 2020 Mr. WALKER 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 allow above- the-line deductions for charitable contributions for indi- viduals not itemizing deductions. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Coronavirus Help And 4 Response Initiative Through Year 2022 Act’’ or ‘‘CHAR- 5 ITY 2022 Act’’. 6 VerDate Sep 11 2014 20:15 Apr 22, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H6490.IH H6490 khammond on DSKJM1Z7X2PROD with BILLS 2 •HR 6490 IH SEC. 2. ALLOWING ABOVE-THE-LINE DEDUCTIONS FOR 1 CHARITABLE CONTRIBUTIONS FOR INDIVID- 2 UALS NOT ITEMIZING DEDUCTIONS. 3 (a) IN GENERAL.—Section 62(a) of the Internal Rev- 4 enue Code of 1986 is amended by inserting after para- 5 graph (21) the following new paragraph: 6 ‘‘(22) CHARITABLE CONTRIBUTIONS FOR INDI- 7 VIDUALS NOT ITEMIZING DEDUCTIONS.—In the case 8 of an individual who does not elect to itemize deduc- 9 tions for a taxable year beginning in 2020, 2021, or 10 2022, so much of the deduction allowed by section 11 170 as does not exceed an amount equal to 1⁄3 of the 12 standard deduction with respect to the taxpayer for 13 the taxable year.’’. 14 (b) EFFECTIVE DATE.—The amendment made by 15 this section shall apply to taxable years beginning after 16 December 31, 2019. 17 Æ VerDate Sep 11 2014 18:07 Apr 20, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H6490.IH H6490 khammond on DSKJM1Z7X2PROD with BILLS