,,ii  #aaith ,,congress  #b;d ,session  
,s4 #deaa  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #ac1      
#bjbf,mr4 ,cramer 7for himself1 ,mr4    
,coons1 ,mr4 ,marshall1 and ,mr4        
,warner7 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 exclude from gross income      
charitable distributions from certain   
employer-sponsored retirement plans1 and
 for other purposes4  #a4 ,exclusion    
from gross income of charitable         
distributions from certain              
employer-sponsored retirement plans  7a7
 ,in general ,section #djb of the       
,internal ,revenue ,code of #aihf is    
amended by adding at the end the        
following new subsection3  7m7          
,distributions for charitable purposes  
7#a7 ,in general ,gross income for any  
taxable year shall not include so much  
of the aggregate amount of qualified    
charitable distributions made with      

respect to a taxpayer during such       
taxable year which does not exceed the  
applicable amount4  7#b7 ,qualified     
charitable distribution ,for purposes of
 this subsection1 the term qualified    
charitable distribution means any       
distribution from a qualified employer  
plan-- 7,a7 which is made directly by   
the plan to an organization described in
 section #agj7;b77#a77;,a7 7other than  
any organization described in section   
#eji7;a77#c7 or any fund or account     
described in section #diff7;d77#b771 and
  7,b7 which is made on or after the    
date that the individual on whose behalf
 the distribution is made has attained  
age #gja_/b4  ,a distribution shall be  
treated as a qualified charitable       
distribution only to the extent that the
 distribution would be includible in    
gross income without regard to paragraph
 7#a74  7#c7 ,special rules  7,a7 ,in   
general ,rules similar to the rules of  
subparagraphs 7,c71 7,e71 and 7,f7 of   
section #djh7;d77#h7 shall apply for    

purposes of this subsection4  7,b7      
,application of section #gb ,rules      
similar to the rules of section         
#djh7;d77#h77;,d7 shall apply for       
purposes of this subsection1 by taking  
into account all amounts to which the   
taxpayer has a nonforfeitable right in  
all qualified employer plans maintained 
by the employer in lieu of all amounts  
in all individual retirement plans of   
the individual4  7#d7 ,definitions ,for 
purposes of this subsection-- 7,a7      
,applicable amount ,the term applicable 
amount means the excess of-- 7i7 the    
dollar amount in effect under section   
#djh7;d77#h7 for the taxable year1 over 
7ii7 the total amount of distributions  
not includible in the gross income of   
the taxpayer for the taxable year by    
reason of section #djh7;d77#h74  7,b7   
,qualified employer plan ,the term      
qualified employer plan means-- 7i7 an  
eligible retirement plan described in   
clause 7iii7 or 7vi7 of subsection      
7c77#h77;,b71 or  7ii7 a plan           

established for its employees by the    
,united ,states1 by a ,state or         
political subdivision thereof1 or by an 
agency or instrumentality of any of the 
foregoing4  4  7b7 ,s,e,ps and          
,s,i,m,p,l,es ,section #djh7;d77#h77;,b7
 of such ,code is amended by striking   
7other than a plan described in         
subsection 7k7 or 7p774  7c7 #djc7;b7   
plans ,section #djc of such ,code is    
amended by adding at the end the        
following new subsection3  7d7          
,distributions for charitable purposes  
,the rules of section #djb7m7 shall     
apply to distributions under an annuity 
contract described in subsection 7b74  4
  7d7 #deg7;b7 plans ,section #deg7;e7  
of such ,code is amended by adding at   
the end the following new paragraph3    
7#ai7 ,distributions for charitable     
purposes ,the rules of section #djb7m7  
shall apply to distributions under an   
eligible deferred compensation plan     
established and maintained by an        
eligible employer described in          

subsection 7e77#a77;,a74  4  7e7        
,effective date ,the amendments made by 
this section shall apply to             
distributions made in taxable years     
beginning after the date of the         
enactment of this ,act4