II
119THCONGRESS
1
STSESSION S. 317
To amend the Internal Revenue Code of 1986 to modify and extend the
deduction for charitable contributions for individuals not itemizing deductions.
IN THE SENATE OF THE UNITED STATES
JANUARY29, 2025
Mr. L
ANKFORD (for himself, Mr. COONS, Ms. CORTEZMASTO, Mr.
H
ICKENLOOPER, Mr. RICKETTS, Ms. KLOBUCHAR, Mr. WARNOCK, Mrs.
S
HAHEEN, Mr. CURTIS, Mrs. BLACKBURN, Mr. MORAN, Mrs. BRITT, Mr.
S
COTTof South Carolina, and Ms. ROSEN) introduced the following bill;
which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to modify
and extend the deduction for charitable contributions
for individuals not itemizing deductions.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Charitable Act’’. 4
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•S 317 IS
SEC. 2. MODIFICATION AND EXTENSION OF DEDUCTION 1
FOR CHARITABLE CONTRIBUTIONS FOR INDI-2
VIDUALS NOT ITEMIZING DEDUCTIONS. 3
(a) I
NGENERAL.—Subsection (p) of section 170 of 4
the Internal Revenue Code of 1986 is amended to read 5
as follows: 6
‘‘(p) S
PECIALRULE FORTAXPAYERSWHODONOT 7
E
LECTTOITEMIZEDEDUCTIONS.—In the case of a tax-8
able year beginning in 2026 or 2027, the deduction under 9
this subsection for the taxable year shall be equal to so 10
much of the deduction determined under this section 11
(without regard to this subsection) for such taxable year 12
as does not exceed an amount equal to
1
⁄3of the amount 13
of the standard deduction with respect to such individual 14
for such taxable year. This subsection shall apply only in 15
the case of an individual who does not elect to itemize de-16
ductions for the taxable year.’’. 17
(b) E
LIMINATION OFPENALTY.— 18
(1) I
N GENERAL.—Section 6662(b) of the In-19
ternal Revenue Code of 1986 is amended by striking 20
paragraph (9) and by redesignating paragraph (10) 21
as paragraph (9). 22
(2) I
NCREASED PENALTY .—Section 6662 of 23
such Code is amended by striking subsection (l). 24
(3) C
ONFORMING AMENDMENTS .— 25
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•S 317 IS
(A) Sections 6662(h)(2)(D) of such Code 1
is amended by striking ‘‘subsection (b)(10)’’ 2
and inserting ‘‘subsection (b)(9)’’. 3
(B) Section 6664(c)(2) of such Code is 4
amended by striking ‘‘section 6662(b)(10)’’ and 5
inserting ‘‘section 6662(b)(9)’’. 6
(C) Section 6751(b)(2)(A) of such Code is 7
amended by striking ‘‘by reason of paragraph 8
(9) or (10) of subsection (b) thereof’’ and in-9
serting ‘‘by reason of subsection (b)(9) there-10
of’’. 11
(c) E
FFECTIVEDATE.—The amendments made by 12
this section shall apply to taxable years beginning after 13
December 31, 2025. 14
Æ
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