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Charitable Equity for Veterans Act of 2021

12/31/2022, 5:04 AM

Summary of Bill HR 4831

Bill 117 hr 4831, also known as the Charitable Equity for Veterans Act of 2021, aims to provide support and resources for veterans through charitable organizations. The bill seeks to ensure that veterans have access to a wide range of charitable services and programs that can help them with their physical, mental, and emotional well-being.

Specifically, the bill includes provisions that would allow charitable organizations to provide assistance to veterans in a more streamlined and efficient manner. This includes allowing these organizations to collaborate with government agencies and other entities to better serve veterans in need.

Additionally, the bill aims to increase transparency and accountability within charitable organizations that serve veterans. This includes requiring these organizations to report on the services they provide, the number of veterans they assist, and the impact of their programs. Overall, the Charitable Equity for Veterans Act of 2021 seeks to improve the support and resources available to veterans through charitable organizations, ensuring that they receive the assistance they need to thrive after their service to our country.

Congressional Summary of HR 4831

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.

Current Status of Bill HR 4831

Bill HR 4831 is currently in the status of Bill Introduced since July 29, 2021. Bill HR 4831 was introduced during Congress 117 and was introduced to the House on July 29, 2021.  Bill HR 4831's most recent activity was Referred to the House Committee on Ways and Means. as of July 29, 2021

Bipartisan Support of Bill HR 4831

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
0
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4831

Primary Policy Focus

Taxation

Potential Impact Areas

- Charitable contributions
- Income tax deductions
- Veterans' organizations and recognition

Alternate Title(s) of Bill HR 4831

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
Charitable Equity for Veterans Act of 2021

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