Hunger Relief Trucking Tax Credit Act

Hunger Relief Trucking Tax Credit Act - Amends the Internal Revenue Code to allow a tax credit for the cost of transporting food to assist hunger relief efforts of certain charitable organizations.

[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 283 Introduced in Senate (IS)]







109th CONGRESS
  1st Session
                                 S. 283

To amend the Internal Revenue Code of 1986 to provide a tax credit for 
          the transportation of food for charitable purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            February 3, 2005

    Mrs. Dole (for herself, Mr. Burr, Mr. Lugar, Mr. Alexander, Mr. 
   Santorum, Mr. Dodd, Mr. Durbin, Mr. Lautenberg, and Mrs. Lincoln) 
introduced the following bill; which was read twice and referred to the 
                          Committee on Finance

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to provide a tax credit for 
          the transportation of food for charitable purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Hunger Relief Trucking Tax Credit 
Act''.

SEC. 2. CREDIT FOR TRANSPORTATION OF FOOD FOR CHARITABLE PURPOSES.

    (a) In General.--Subpart B of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 is amended by adding at the end 
the following new section:

``SEC. 30B. CREDIT FOR TRANSPORTATION OF FOOD FOR CHARITABLE PURPOSES.

    ``(a) Allowance of Credit.--There shall be allowed as a credit 
against the tax imposed by this chapter for the taxable year an amount 
equal to 25 cents for each mile for which the taxpayer uses a qualified 
truck for a qualified charitable purpose during the taxable year.
    ``(b) Qualified Charitable Purpose.--For purposes of this section, 
the term `qualified charitable purpose' means the transportation of 
food in connection with the hunger relief efforts of an organization 
which is described in section 501(c)(3) and is exempt from taxation 
under section 501(a) (other than a private foundation, as defined in 
section 509(a), which is not an operating foundation, as defined in 
section 4942(j)(3)).
    ``(c) Qualified Truck.--For purposes of this section, the term 
`qualified truck' means a truck which--
            ``(1) has a capacity of not less than 1,760 cubic square 
        feet,
            ``(2) is owned, leased, or operated by the taxpayer, and
            ``(3) is ordinarily used for hauling property in the course 
        of a business.
    ``(d) Other Rules.--
            ``(1) Denial of double benefit.--No credit shall be allowed 
        under this section with respect to any amount for which a 
        deduction is allowed under any other provision of this chapter.
            ``(2) No credit where taxpayer is compensated.--No credit 
        shall be allowed under this section if the taxpayer receives 
        compensation in connection with the use of the qualified truck 
        for the qualified charitable purpose.
            ``(3) Capacity requirement.--No credit shall be allowed 
        under this section unless at least 50 percent of the hauling 
        capacity of the qualified truck (measured in cubic square feet) 
        is used for the qualified charitable purpose.''.
    (b) Conforming Amendment.--The table of sections for subpart B of 
part IV of subchapter A of chapter 1 of the Internal Revenue Code of 
1986 is amended by adding at the end the following new item:

``Sec. 30B. Credit for transportation of food for charitable 
                            purposes.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years ending after December 31, 2004.
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