To amend the Internal Revenue Code of 1986 to clarify the valuation rule applicable to the early termination of certain charitable remainder unitrusts.

Hozzl · 2023-01-11T13:32:29Z

Explore the details of House Bill 4192 To amend the Internal Revenue Code of 1986 to clarify the valuation rule applicable to the early termination of certain charitable remainder unitrusts. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

1/11/2023, 1:32 PM

Congressional Summary of HR 4192

This bill amends the Internal Revenue Code to set forth a special valuation rule for charitable remainder unitrusts that terminate early for purposes of the tax deduction for charitable contributions.

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Current Status of Bill HR 4192

Bill HR 4192 is currently in the status of Bill Introduced since December 8, 2015. Bill HR 4192 was introduced during Congress 114 and was introduced to the House on December 8, 2015. Bill HR 4192's most recent activity was Referred to the House Committee on Ways and Means. as of December 8, 2015

Bipartisan Support of Bill HR 4192

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 4192

Primary Policy Focus

Taxation

Potential Impact Areas

- Charitable contributions

- Income tax deductions

Alternate Title(s) of Bill HR 4192

To amend the Internal Revenue Code of 1986 to clarify the valuation rule applicable to the early termination of certain charitable remainder unitrusts.