Walker, Pappas Lead Bipartisan Legislation in the House Empowering Charitable Giving
WASHINGTON, D.C. - U.S. Representatives Mark Walker (R-N.C.) and Chris Pappas (D-N.H.) today introduced the bipartisan Universal Giving Pandemic Response Act which would allow above-the-line deductions for charitable contributions for individuals not itemizing deductions in years 2019 and 2020.
“Nonprofits and charitable organizations have long been leaders on the front lines of this pandemic, putting Americans first and aiding recovery efforts in our communities,” Walker said. “By increasing incentives for charitable giving, we can embolden our citizens to give back to those who have repeatedly given to us in this time of need.”
“Across New Hampshire we have seen non-profits step up to help those in our community hit hardest by this pandemic despite decreased donations, fewer available volunteers, and canceled fundraisers,” said Pappas. “Expanding the charitable giving tax credit is the easiest way to support our non-profits in this difficult time while also recognizing the charitable spirit of Granite Staters. I look forward to continue working with my colleagues on commonsense, bipartisan measures that will help rebuild our communities.”
This legislation is the House companion of S. 4032, the Universal Giving Pandemic Response Act, which was introduced on June 22, 2020 by Senators James Lankford (R-Okla.), Chris Coons (D-Del.), Mike Lee (R-Utah), Jeanne Shaheen (D-N.H), Tim Scott (R-S.C.) and Amy Klobuchar (D-Minn.).
Specifically, the bill would make available—for tax years 2019 and 2020—an expanded above-the-line deduction for charitable giving on federal income taxes valued at up to one-third of the standard deduction (around $4,000 for an individual filer and $8,000 for married joint filers). Under the CARES Act, Americans who donate to charities, religious organizations, and other nonprofits are able to claim a $300 above-the-line deduction on their 2020 returns.
Earlier this year, Walker introduced similar legislation, the CHARITY 2022 Act, to encourage support and donations to charitable organizations during the response and recovery for the coronavirus (COVID-19) pandemic.
View the Universal Giving Pandemic Response Act in its entirety here.