,,ii  #aadth ,,congress  #ast ,session  
,s4 #idb  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,april #ae1         
#bjae,mr4 ,portman introduced the       
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to provide a    
deduction from the gift tax for gifts   
made to certain exempt organizations4   
#a4 ,short title ,this ,act may be cited
 as the ,fair ,treatment for ,all ,gifts
 ,act4  #b4 ,deduction from gift tax for
 gifts made to certain exempt           
organizations  7a7 ,in general ,section 
#bebb7;a7 of the ,internal ,revenue     
,code of #aihf is amended by striking   
the period at the end of paragraph 7#d7 
and inserting a semicolon and by        
inserting after paragraph 7#d7 the      
following new paragraph3  7#e7 an       
organization described in paragraph     
7#d71 7#e71 or 7#f7 of section #eja7;c7 
and exempt from tax under section       
#eja7;a74  4  7b7 ,effective date ,the  

amendments made by subsection 7a7 shall 
apply to gifts made after the date of   
the enactment of this ,act4  7c7 ,no    
inference ,nothing in the amendments    
made by subsection 7a7 shall be         
construed to create any inference with  
respect to whether any transfer of      
property 7whether made before1 on1 or   
after the date of the enactment of this 
,act7 to an organization described in   
paragraph 7#d71 7#e71 or 7#f7 of section
 #eja7;c7 of the ,internal ,revenue     
,code of #aihf is a transfer of property
 by gift for purposes of chapter #ab of 
such ,code4