Philanthropic Enterprise Act of 2015

Bill 114 s 909, also known as the Philanthropic Enterprise Act of 2015, is a piece of legislation introduced in the US Congress. The main goal of this bill is to encourage and support philanthropic enterprises, which are businesses that have a primary goal of benefiting society rather than making a profit.

The bill includes provisions that would provide tax incentives for individuals and businesses that invest in philanthropic enterprises. These incentives would include tax credits and deductions for investments made in these types of businesses.

Additionally, the bill aims to streamline the process for starting and operating a philanthropic enterprise by reducing regulatory burdens and providing resources and support for these businesses. Overall, the Philanthropic Enterprise Act of 2015 seeks to promote and support businesses that are focused on making a positive impact on society, while also providing incentives for individuals and businesses to invest in these types of enterprises.