Nonprofit Relief Act of 2019 This bill amends Internal Revenue Code provisions relating to tax-exempt or organizations to repeal the requirement that the unrelated business taxable income of tax-exempt organizations be computed separately for each trade or business activity, exclude from the gross income of charitable volunteers reimbursement of expenses for the use of a passenger vehicle for the benefit of a charitable organization, and allow the tax credit for employer-paid family and medical leave for nonprofit employers. The bill also increases the corporate income tax rate from 21% to 21.06% (as an offset to the cost of this bill).
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Charitable contributionsEmployee benefits and pensionsEmployee leaveIncome tax creditsIncome tax ratesSocial work, volunteer service, charitable organizationsTax administration and collection, taxpayersTransportation costs
Nonprofit Relief Act of 2019
USA116th CongressHR-3323| House
| Updated: 6/18/2019
Nonprofit Relief Act of 2019 This bill amends Internal Revenue Code provisions relating to tax-exempt or organizations to repeal the requirement that the unrelated business taxable income of tax-exempt organizations be computed separately for each trade or business activity, exclude from the gross income of charitable volunteers reimbursement of expenses for the use of a passenger vehicle for the benefit of a charitable organization, and allow the tax credit for employer-paid family and medical leave for nonprofit employers. The bill also increases the corporate income tax rate from 21% to 21.06% (as an offset to the cost of this bill).