Haiti Action Initiative and Tax Incentive Act of 2010

Haiti Action Initiative and Tax Incentive Act of 2010 - Treats cash contributions made during January 2010 for the relief of earthquake victims in Haiti as having been made on December 31, 2009, for purposes of the tax deduction for charitable contributions.

[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4468 Introduced in House (IH)]

111th CONGRESS
  2d Session
                                H. R. 4468

To accelerate the income tax benefits for charitable cash contributions 
for the relief of victims of the January 12, 2010, earthquake in Haiti.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 19, 2010

   Mr. Murphy of New York (for himself and Mr. Himes) introduced the 
 following bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To accelerate the income tax benefits for charitable cash contributions 
for the relief of victims of the January 12, 2010, earthquake in Haiti.

    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 ``Haiti Action Initiative and Tax 
Incentive Act of 2010''.

SEC. 2. ACCELERATION OF INCOME TAX BENEFITS FOR CHARITABLE CASH 
              CONTRIBUTIONS FOR RELIEF OF HAITIAN EARTHQUAKE 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 during January 2010 as if such contribution was 
made on December 31, 2009, and not in January 2010.
    (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 January 12, 2010, earthquake 
in Haiti for which a charitable contribution deduction is allowable 
under section 170 of the Internal Revenue Code of 1986.
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