Charitable Equity for Veterans Act of 2021

Senate Bill 2530 - Charitable Equity for Veterans Act of 2021: Overview, Status, and Impact

Hozzl · 2022-12-30T10:18:45Z

Explore the details of Senate Bill 2530 Charitable Equity for Veterans Act of 2021 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

12/30/2022, 10:18 AM

Congressional Summary of S 2530

Charitable Equity for Veterans Act of 2021

This bill expands the deductibility of charitable contributions to all federally-chartered tax-exempt organizations serving current and former members of the Armed Forces.

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Current Status of Bill S 2530

Bill S 2530 is currently in the status of Bill Introduced since July 29, 2021. Bill S 2530 was introduced during Congress 117 and was introduced to the Senate on July 29, 2021. Bill S 2530's most recent activity was Read twice and referred to the Committee on Finance. as of July 29, 2021

Bipartisan Support of Bill S 2530

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 S 2530

Primary Policy Focus

Taxation

Potential Impact Areas

- Charitable contributions

- Income tax deductions

- Veterans' organizations and recognition

Alternate Title(s) of Bill S 2530

Charitable Equity for Veterans Act of 2021

A bill to amend the Internal Revenue Code of 1986 to provide for the deductibility of charitable contributions to certain organizations for members of the Armed Forces.

Charitable Equity for Veterans Act of 2021