,,ii  #aai? ,,congress  #a/ ,session    
,s4 #cag  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,janu>y #bi1 #bjbe,mr4 
,lank=d 7= himself1 ,mr4 ,coons1 ,ms4   
,cortez ,ma/o1 ,mr4 ,hick5loop]1 ,mr4   
,ricketts1 ,ms4 ,klobu*>1 ,mr4 ,w>nock1 
,mrs4 ,%ahe51 ,mr4 ,curtis1 ,mrs4       
,blackburn1 ,mr4 ,moran1 ,mrs4 ,britt1  
,mr4 ,scott ( ,s\? ,c>ol9a1 & ,ms4      
,ros57 introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to modify & ext5d 
! d$uction = *>itable contributions =   
individuals n itemiz+ d$uctions4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,*>itable ,act4  #b4 ,modification &    
ext5sion ( d$uction = *>itable          
contributions = individuals n itemiz+   
d$uctions  7a7 ,9 g5]al ,subsection 7p7 
( section #agj ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ to read z foll[s3
  7p7 ,special rule = taxpay]s :o d n   
elect ,to itemize d$uctions ,9 ! case ( 
a taxable ye> beg9n+ 9 #bjbf or #bjbg1 !

 d$uction "u ?is subsection = ! taxable 
ye> %all be equal to s mu* ( ! d$uction 
det]m9$ "u ?is section 7)\t reg>d to ?is
 subsection7 = su* taxable ye> z does n 
exce$ an am\nt equal to #a_/c ( ! am\nt 
( ! /&>d d$uction ) respect to su*      
individual = su* taxable ye>4 ,?is      
subsection %all apply only 9 ! case ( an
 individual :o does n elect to itemize  
d$uctions = ! taxable ye>4  4  7b7      
,elim9ation ( p5alty  7#a7 ,9 g5]al     
,section #fffb7;b7 ( ! ,int]nal ,rev5ue 
,code ( #aihf is am5d$ by /rik+ p>agraph
 7#i7 & by r$esignat+ p>agraph 7#aj7 z  
p>agraph 7#i74  7#b7 ,increas$ p5alty   
,section #fffb ( su* ,code is am5d$ by  
/rik+ subsection 7l74  7#c7 ,con=m+     
am5dm5ts  7,a7 ,sections                
#fffb7;h77#b77;,d7 ( su* ,code is am5d$ 
by /rik+ subsection 7b77#aj7 & ins]t+   
subsection 7b77#i74  7,b7 ,section      
#fffd7;c77#b7 ( su* ,code is am5d$ by   
/rik+ section #fffb7;b77#aj7 & ins]t+   
section #fffb7;b77#i74  7,c7 ,section   
#fgea7;b77#b77;,a7 ( su* ,code is am5d$ 

by /rik+ by reason ( p>agraph 7#i7 or   
7#aj7 ( subsection 7b7 !re( & ins]t+ by 
reason ( subsection 7b77#i7 !re(4  7c7  
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjbe4