To amend the Internal Revenue Code of 1986 to expand tax-free distributions from individual retirement accounts for charitable purposes.

Summary

Official

Public Good IRA Rollover Act of 2007 - Amends the Internal Revenue Code to exclude from gross income distributions from individual retirement accounts for certain charitable purposes.

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Bill Progress

Bill has been introduced and assigned a number

Introduced(3/8/07)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. POMEROY

(D) ND

Cosponsors (12)

McCollum

House (D) Minnesota

Wilson

House (R) South Carolina

Lynch

House (D) Massachusetts

Kaptur

House (D) Ohio

Smith

House (R) Nebraska

Cohen

House (D) Tennessee

Jordan

House (R) Ohio

Carson

House (D) Indiana

Rogers

House (R) Kentucky

Graves

House (R) Missouri

Topics

Business & Finance

Employment

Law & The Judicial System

Latest Action

Referred to the House Committee on Ways and Means.

Mar 8, 2007