Philippines Charitable Giving Assistance Act

Philippines Charitable Giving Assistance Act - Treats cash contributions made after the enactment of this Act and before April 15, 2014, for the relief of victims in areas affected by Typhoon Haiyan as having been made on December 31, 2013, for purposes of the tax deduction for charitable contributions. Deems such a contribution as meeting the recordkeeping requirements of the Internal Revenue Code if the taxpayer produces a telephone bill showing the name of the donee organization and the date and amount of the contribution.

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 1821 Introduced in Senate (IS)]

113th CONGRESS
  1st Session
                                S. 1821

To accelerate the income tax benefits for charitable cash contributions 
    for the relief of victims of Typhoon Haiyan in the Philippines.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

            December 12 (legislative day, December 11), 2013

Ms. Hirono (for herself and Mr. Heller) introduced the following bill; 
     which was read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
To accelerate the income tax benefits for charitable cash contributions 
    for the relief of victims of Typhoon Haiyan in the Philippines.

    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 ``Philippines Charitable Giving 
Assistance Act''.

SEC. 2. ACCELERATION OF INCOME TAX BENEFITS FOR CHARITABLE CASH 
              CONTRIBUTIONS FOR RELIEF OF VICTIMS OF TYPHOON HAIYAN IN 
              THE PHILIPPINES.

    (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 after January 1, 2014, and before March 1, 2014, 
as if such contribution was made on December 31, 2013, and not in 2014.
    (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 Typhoon Haiyan, for which a 
charitable contribution deduction is allowable under section 170 of the 
Internal Revenue Code of 1986.
    (c) Recordkeeping.--In the case of a contribution described in 
subsection (b), a telephone bill showing the name of the donee 
organization, the date of the contribution, and the amount of the 
contribution shall be treated as meeting the recordkeeping requirements 
of section 170(f)(17) of the Internal Revenue Code of 1986.
    (d) PAYGO.--All applicable provisions in this section are 
designated as an emergency for purposes of pay-as-you-go principles.
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