S 618 · 117th Congress

Universal Giving Pandemic Response and Recovery Act

<p><b>Universal Giving Pandemic Response and Recovery Act</b></p> <p>This bill allows individual taxpayers who do not otherwise itemize their tax deductions a deduction in taxable years beginning in 2021 or 2022 for charitable contributions. The deduction is limited to one-third of the standard deduction allowed to…

Sponsor

Lankford, James (R-OK)

Introduced

2021-03-09

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance.