To amend the Internal Revenue Code of 1986 to repeal the inclusion of certain fringe benefit expenses for which a deduction is disallowed in unrelated business taxable income.
USA116th CongressHR-1545| House
| Updated: 3/5/2019
Mark Walker
Republican Representative
North Carolina
Cosponsors (40)
Mo Brooks (Republican)F. James Sensenbrenner (Republican)John Katko (Republican)Tom Cole (Republican)Trent Kelly (Republican)Mike Johnson (Republican)Jim Banks (Republican)Ben McAdams (Democratic)David J. Trone (Democratic)Jefferson Van Drew (Republican)Max Rose (Democratic)Susan A. Davis (Democratic)Jeff Duncan (Republican)Thomas R. Suozzi (Democratic)Jim Jordan (Republican)Greg Gianforte (Republican)Lloyd Smucker (Republican)Jody B. Hice (Republican)Fred Upton (Republican)Harley Rouda (Democratic)Doug Lamborn (Republican)Joseph D. Morelle (Democratic)Rodney Davis (Republican)Chris Collins (Republican)Anthony Brindisi (Democratic)John R. Moolenaar (Republican)Mike Bost (Republican)Debbie Lesko (Republican)Steve Watkins (Republican)Bradley Byrne (Republican)Vicky Hartzler (Republican)Matt Gaetz (Republican)Elissa Slotkin (Democratic)Randy K. Sr. Weber (Republican)Ralph Norman (Republican)Grace Meng (Democratic)K. Michael Conaway (Republican)Ted Budd (Republican)David P. Roe (Republican)Brian Babin (Republican)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill modifies the requirements for determining the unrelated business taxable income of tax-exempt organizations. The bill repeals a provision that requires unrelated business taxable income to be increased by the amount of expenses paid or incurred by a tax-exempt organization for certain fringe benefits for which a tax deduction is not allowed, including benefits relating to transportation, parking, or an on-premises athletic facility.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Bill from Previous Congress
HR 115-6460To amend the Internal Revenue Code of 1986 to repeal the inclusion of certain fringe benefit expenses for which a deduction is disallowed in unrelated business taxable income.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Business expensesIncome tax ratesSports and recreation facilitiesTax-exempt organizationsTransportation costs
To amend the Internal Revenue Code of 1986 to repeal the inclusion of certain fringe benefit expenses for which a deduction is disallowed in unrelated business taxable income.
USA116th CongressHR-1545| House
| Updated: 3/5/2019
This bill modifies the requirements for determining the unrelated business taxable income of tax-exempt organizations. The bill repeals a provision that requires unrelated business taxable income to be increased by the amount of expenses paid or incurred by a tax-exempt organization for certain fringe benefits for which a tax deduction is not allowed, including benefits relating to transportation, parking, or an on-premises athletic facility.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Bill from Previous Congress
HR 115-6460To amend the Internal Revenue Code of 1986 to repeal the inclusion of certain fringe benefit expenses for which a deduction is disallowed in unrelated business taxable income.
Introduced in House
Referred to the House Committee on Ways and Means.
Mark Walker
Republican Representative
North Carolina
Cosponsors (40)
Mo Brooks (Republican)F. James Sensenbrenner (Republican)John Katko (Republican)Tom Cole (Republican)Trent Kelly (Republican)Mike Johnson (Republican)Jim Banks (Republican)Ben McAdams (Democratic)David J. Trone (Democratic)Jefferson Van Drew (Republican)Max Rose (Democratic)Susan A. Davis (Democratic)Jeff Duncan (Republican)Thomas R. Suozzi (Democratic)Jim Jordan (Republican)Greg Gianforte (Republican)Lloyd Smucker (Republican)Jody B. Hice (Republican)Fred Upton (Republican)Harley Rouda (Democratic)Doug Lamborn (Republican)Joseph D. Morelle (Democratic)Rodney Davis (Republican)Chris Collins (Republican)Anthony Brindisi (Democratic)John R. Moolenaar (Republican)Mike Bost (Republican)Debbie Lesko (Republican)Steve Watkins (Republican)Bradley Byrne (Republican)Vicky Hartzler (Republican)Matt Gaetz (Republican)Elissa Slotkin (Democratic)Randy K. Sr. Weber (Republican)Ralph Norman (Republican)Grace Meng (Democratic)K. Michael Conaway (Republican)Ted Budd (Republican)David P. Roe (Republican)Brian Babin (Republican)
Ways and Means Committee
Taxation
Related Bills
- HR 116-1223: Stop the Tax Hike on Charities and Places of Worship Act
- S 116-632: LIFT for Charities Act
- S 116-1282: Preserve Charities and Houses of Worship Act
- HR 116-3300: Economic Mobility Act of 2019
- S 116-501: Stop the Tax Hike on Charities and Places of Worship Act
- HR 116-513: Nonprofits Support Act
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Business expensesIncome tax ratesSports and recreation facilitiesTax-exempt organizationsTransportation costs