Read twice and referred to the Committee on Finance.
This bill (Charitable Act) temporarily reinstates a above-the-line charitable deduction for taxpayers who do not itemize for taxable years beginning in 2026 and 2027, allowing a deduction up to one‑third of the taxpayer’s standard deduction. It also amends the Internal Revenue Code by removing paragraph (9) of section 6662(b), striking subsection (l) of section 6662, and making conforming reference changes.
Progressives highlight distributional fairness; conservatives highlight charitable incentives.
Relative to its intended legislative type, this bill is a focused substantive tax-law amendment that provides specific statutory text to extend and cap a non-itemizer charitable deduction for two taxable years and to modify related penalty provisions.
This bill (Charitable Act) temporarily reinstates a above-the-line charitable deduction for taxpayers who do not itemize for taxable years beginning in 2026 and 2027, allowing a deduction up to one‑third of the taxpayer’s standard deduction.
It also amends the Internal Revenue Code by removing paragraph (9) of section 6662(b), striking subsection (l) of section 6662, and making conforming reference changes.
The amendments apply to taxable years beginning after December 31, 2025.
Technically modest, time-limited tax extender with bipartisan appeal but faces House revenue-origin rules and possible objections to penalty removal and cost.
Relative to its intended legislative type, this bill is a focused substantive tax-law amendment that provides specific statutory text to extend and cap a non-itemizer charitable deduction for two taxable years and to modify related penalty provisions. The drafting is direct about which code sections are changed and includes conforming edits and an effective date.
Progressives highlight distributional fairness; conservatives highlight charitable incentives.
These are examples from the analysis, not a ranked list of the most-affected groups.
Progressives highlight distributional fairness; conservatives highlight charitable incentives.
Likely cautiously supportive of incentives for charitable giving but skeptical about distributional effects and enforcement changes.
Concerned the deduction primarily benefits higher-income donors and worried the penalty removals could weaken tax compliance.
Views the bill as a modest, temporary incentive to encourage philanthropic giving, but wants clarity on revenue impact and enforcement tradeoffs.
Will look for cost estimates, offsets, and administrability before full support.
Generally favorable: supports incentives for private charity and reducing taxpayer penalties.
Prefers permanent, broader tax incentives but accepts a temporary measure; sees penalty removal as reducing undue taxpayer burden.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Technically modest, time-limited tax extender with bipartisan appeal but faces House revenue-origin rules and possible objections to penalty removal and cost.
The bill has not accumulated any surfaced votes yet.
Progressives highlight distributional fairness; conservatives highlight charitable incentives.
Technically modest, time-limited tax extender with bipartisan appeal but faces House revenue-origin rules and possible objections to penalt…
Relative to its intended legislative type, this bill is a focused substantive tax-law amendment that provides specific statutory text to extend and cap a non-itemizer charitable deduction for two taxable years and to mo…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.