September 10, 1998 | Read Time: 1 minute
Gov. Pete Wilson of California has approved a measure passed by the Legislature that is intended to crack down on donors who take excessive charitable tax deductions for gifts of used cars, boats, and airplanes.
The new law requires a charity — or a “commercial fund raiser” working for a charity — to provide a receipt to the donor within 90 days of the date the gift was made that describes the condition of the gift (The Chronicle, August 27). If the charity sells the vehicle to a dismantler before it issues the receipt, it has to include in the receipt the amount the dismantler paid for the vehicle.
