Fair Treatment for All Gifts Act
Last action on Apr 15, 2015Read twice and referred to the Committee on Finance.
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Summary
Fair Treatment for All Gifts Act
This bill amends the Internal Revenue Code to allow a deduction from the taxable amount of gifts for gifts made to specified tax-exempt organizations, including: (1) social welfare organizations; (2) labor, agricultural, and horticultural organizations; and (3) business leagues, chambers of commerce, real-estate boards, boards of trade, and professional football leagues.
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