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H.R. 4069

BillFederalHouseIn Committee
S Corporation Inventory Contribution Act of 2009
About This Bill
Committee
Latest Action · November 16, 2009
Referred to the House Committee on Ways and Means.
Congress
111th (2009–2011)
Introduced
November 16, 2009
Cosponsors (1)
1D 0R
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Summary

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S Corporation Inventory Contribution Act of 2009 - Amends the Internal Revenue Code to extend the tax deduction for charitable contributions of inventory to S corporations. Limits the amount of such deduction for corporations other than C corporations to 10% of aggregate net income.

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