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Code · PUBLIC-PRIVATE-LAW · 118th Congress · Public Law 118-146

Public Law 118-146. VSO Equal Tax Treatment Act

243 words·~1 min read·/plaw/118/public/146

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An Act To amend the Internal Revenue Code of 1986 to provide for the deductibility of charitable contributions to certain organizations for members of the Armed Forces.Dec. 12, 2024[[H.R. 1432](/us/bill/118/hr/1432)] * Be it enacted by the Senate and House of Representa­tives of the United States of America in Congress assembled,* VSO Equal Tax Treatment Act. ## SECTION 1 SHORT TITLE [26 USC 1 note](/us/usc/t26/s1). This Act may be cited as the “VSO Equal Tax Treatment Act” or as the “VETT Act”. ## SEC. 2 DEDUCTIBILITY OF CHARITABLE CONTRIBUTIONS TO CERTAIN ORGANIZATIONS FOR MEMBERS OF THE ARMED FORCES ###
(a)In General Section 170(c) of the Internal Revenue Code of 1986 [26 USC 170](/us/usc/t26/s170). is amended by inserting after paragraph
(5)the following new paragraph: > > #### “(6) > > An organization described in section 501(c)(19) that is a federally chartered corporation.” > . ###
(b)Percentage Limitation Section 170(b)(1)(A) of the Internal Revenue Code of 1986 is amended by striking “ or ” at the end of clause (viii), by adding “ or ” at the end of clause (ix), and by inserting after clause
(ix)the following new clause: > > ###### “(x) > > an organization described in section 501(c)(19) that is a federally chartered corporation,” > . ###
(c)[26 USC 170 note](/us/usc/t26/s170).Effective Date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act. Approved December 12, 2024.
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Public Law 118-146
VSO Equal Tax Treatment Act
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