Supporting Charitable Institutions Act of 2020

United States116th CongressHR-6325House of Representatives
Updated: Mar 23, 2020

Summary

Supporting Charitable Institutions Act of 2020 This bill allow a new tax credit for charitable contributions made in cash during 2020 to a charitable organization for relief efforts connected to COVID-19 (i.e., the coronavirus disease 2019). The credit is limited to 24% of contributions not exceeding $4,000 for an individual taxpayer, $6,000 for a head of household, and $8,000 for a married couple filing a joint return.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

Latest companion bill action

S-3525: Supporting Charitable Institutions Act of 2020

Read twice and referred to the Committee on Finance.

  1. Referred to the House Committee on Ways and Means.

    House of Representatives

  2. Introduced in House

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