Washington D.C., May 14, 2018 / 23:03 pm
A bipartisan bill introduced in Congress last week would make it easier for Americans to receive tax deductions for charitable giving, regardless of whether they itemize on their tax returns.
"Charitable organizations, including churches, synagogues, and other religiously-based entities, are the life-blood of services to those in need in our society, and I am committed to a tax policy that amplifies their ability to serve our community," said Congressman Chris Smith (R-N.J.), who authored the bill, in a press release.
"Americans have been generous patrons of charitable causes, and we want to ensure that everyone has the support they need to continue their generosity to charitable and philanthropic causes."
The Charitable Giving Tax Deduction Act was introduced by Smith on May 11, with Rep. Henry Cuellar (D-TX) as an original co-sponsor.