House Committee Lays Out Options for Altering Charitable Deduction

The House Ways and Means Committee released a 558-page report this week that details options for overhauling the tax code gathered over nearly three months of meetings with thousands of individuals and interest groups, including nonprofit and charity leaders.

The report provides details of how tax-exempt organizations could be affected by changes and presents all of the proposals for limiting or changing the charitable tax deduction, which nonprofits have successfully lobbied to defeat several times. Below you can see the report. The section on charitable giving begins on page 491.

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REPORT TO THE HOUSE COMMITTEE ON WAYS AND MEANS ON PRESENT LAW AND SUGGESTIONS FOR REFORM SUBMITTED TO THE TAX REFORM WORKING GROUPS (PDF)
REPORT TO THE HOUSE COMMITTEE ON WAYS AND MEANS ON PRESENT LAW AND SUGGESTIONS FOR REFORM SUBMITTED TO THE TAX REFORM WORKING GROUPS (Text)