This bill proposes to extend and modify the deduction for charitable contributions available to individuals who do not itemize their tax deductions. Specifically, it amends the Internal Revenue Code to allow non-itemizing taxpayers to claim this deduction for taxable years beginning in 2026 and 2027 . The deduction for these individuals would be capped at an amount equal to one-third of their standard deduction for the applicable year. Furthermore, the legislation includes provisions to eliminate certain penalties related to charitable contributions by making specific changes to Section 6662 of the Internal Revenue Code. These changes are slated to become effective for taxable years starting after December 31, 2025.