H.R. 3771: Philippines Charitable Giving Assistance Act, as amended

H.R. 3771

Philippines Charitable Giving Assistance Act, as amended

Sponsor
Rep. Eric Swalwell

Date
March 24, 2014 (113th Congress, 2nd Session)

Staff Contact
Communications

Floor Situation

On Monday, March 24, 2014, the House will consider H.R. 3771, the Philippines Charitable Giving Assistance Act, as amended, under a suspension of the rules.  H.R. 3771 was introduced on March 18, 2014 by Rep. Eric Swalwell (D-CA) and was referred to the Committee on Ways and Means and the Committee on the Budget.

Bill Summary

H.R. 3771 would allow taxpayers making charitable contributions of cash in early 2014 for the benefits of the victims of the typhoon that struck the Philippines in late 2013 to accelerate their tax deduction and claim it on their 2013 returns.  The legislation would treat contributions made after the date of enactment of this legislation and before April 14, 2014 as having been made on December 31, 2013.  Moreover, this legislation would, in the case of a text message contribution, treat a telephone bill showing the name of the organization, the date of the contribution, and the amount of the contribution as meeting IRS recordkeeping requirements.

Background

On November 8, 2013 category 5 Typhoon Haiyan made direct landfall on the Philippines, devastating areas in 36 provinces.[1]  Over 6,000 fatalities have been confirmed and billions in damage has been done to the island nation.  Under current law, American taxpayers may claim an itemized deduction for charitable contributions made on or before the last day of the tax year for which they file a return.  This legislation would simply allow contributions made to Philippines typhoon relief organizations in 2014 to be claimed on a taxpayer’s 2013 returns.

Cost

A CBO cost estimate is currently unavailable.

Additional Information

For questions or further information contact the GOP Conference at 5-5107.