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H.R. 6325

BillFederalHouseIn Committee
Supporting Charitable Institutions Act of 2020
About This Bill
Committee
Latest Action · March 23, 2020
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
March 23, 2020
Cosponsors (0)
None
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Summary

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Supporting Charitable Institutions Act of 2020 This bill allow a new tax credit for charitable contributions made in cash during 2020 to a charitable organization for relief efforts connected to COVID-19 (i.e., the coronavirus disease 2019). The credit is limited to 24% of contributions not exceeding $4,000 for an individual taxpayer, $6,000 for a head of household, and $8,000 for a married couple filing a joint return.

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