After the White House threatened to veto an $11-billion bill that would make permanent three tax breaks for charitable donations, the U.S. House of Representatives rejected the measure 275-149. The bill would have provided tax incentives, which expired at the end of 2013, for donations of food, money from retirement accounts, and conservation easements.
Charity Tax-Cut Bill Falls Short of House Passage
December 12th, 2014
External News Article
The Chronicle of Philanthropy