Sec. 103. Temporary rule to allow a deduction for cash contributions to the National Infrastructure Bank by certain taxpayers who do not elect to itemize deductions
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Section 170(p) of the Internal Revenue Code of 1986 is amended by adding at the end the following flush sentence: The $300 or $600 dollar limitation otherwise in effect under the preceding sentence with respect to any taxpayer for any taxable year shall be increased by the amount of contributions made in cash by such taxpayer during such taxable year (determined without regard to subsections (b)(1)(G)(ii) and (d)(1)) to the National Infrastructure Bank referred to in subsection (c)(6). . The amendments made by this section shall apply to taxable years ending after the date of the enactment of this Act.