OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Acceleration Of Income Tax Benefits For Charitable Cash Contributions

Floor Speech

Date: Jan. 21, 2010
Location: Washington, DC
Issues: Taxes

Acceleration Of Income Tax Benefits For Charitable Cash Contributions

* Mr. VAN HOLLEN. Madam Speaker, I commend Chairman Rangel and Ranking Member Camp for bringing this timely legislation to the floor and support its swift enactment.

* Simply put, H.R. 4462 will allow charitable cash contributions for Haitian earthquake relief made before March 1, 2010 to be deducted on the contributor's 2009 tax return. As the ongoing rescue and recovery effort in Haiti is still very much an issue of life and death, this targeted initiative will reward those who have already given while providing an extra incentive for those who are considering a contribution. Additionally, I applaud Secretary Napolitano's decision to grant Temporary Protected Status to Haitian nationals living in the United States, which will enable these individuals to stay in the U.S. for up to 18 months past their visa expiration.

* America is a generous and compassionate Nation that has always responded to our neighbors in need. I'm proud to support this bipartisan legislation.


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