USA Freedom Corps.  Make a Difference.  Volunteer.Skip Navigation and Go Directly to Page Content
spacer
"One of the most compelling things about being the President is I get to see on a daily basis the true compassion of our fellow citizens."
spacer

- President George W. Bush

USA Freedom Corps.  Make a Difference.  Volunteer.
USA Freedom Corps Volunteer Network - Find a Volunteer Opportunity
spacer
   
spacer
     
spacer
     
spacer
     

Advanced Search

spacer
spacer
spacer
spacer
spacer
RSS Feeds and Social Networking Font Size: Default | Large
spacer
AddThis Social Bookmark Button About USA Freedom Corps  > Newsroom >
Press Releases & Announcements
spacer
FOR IMMEDIATE RELEASE
Tuesday, January 04, 2005

 

H. R. 241

One Hundred Ninth Congress

of the

United States of America

AT THE FIRST SESSION

Begun and held at the City of Washington on Tuesday,

the fourth day of January, two thousand and five

An Act

To accelerate the income tax benefits for charitable cash contributions for the relief of victims of the Indian Ocean tsunami.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. ACCELERATION OF INCOME TAX BENEFITS FOR CHARITABLE CASH CONTRIBUTIONS FOR RELIEF OF INDIAN OCEAN TSUNAMI VICTIMS.

    (a) IN GENERAL- For purposes of section 170 of the Internal Revenue Code of 1986, a taxpayer may treat any contribution described in subsection (b) made in January 2005 as if such contribution was made on December 31, 2004, and not in January 2005.

    (b) CONTRIBUTION DESCRIBED- A contribution is described in this subsection if such contribution is a cash contribution made for the relief of victims in areas affected by the December 26, 2004, Indian Ocean tsunami for which a charitable contribution deduction is allowable under section 170 of the Internal Revenue Code of 1986.

Speaker of the House of Representatives.

Vice President of the United States and

President of the Senate.