Pappas and Walker Lead Bipartisan Legislation Empowering Charitable Giving

U.S. Representatives Chris Pappas (D-NH) and Mark Walker (R-NC) introduced the bipartisan Universal Giving Pandemic Response Act which would allow above-the-line deductions for charitable contributions for individuals not itemizing deductions in years 2019 and 2020.

"Across New Hampshire we have seen nonprofits step up to help those in our community hit hardest by this pandemic despite decreased donations, fewer available volunteers, and canceled fundraisers," said Congressman Pappas. "Expanding the charitable giving tax credit is the easiest way to support our nonprofits in this difficult time while also recognizing the charitable spirit of Granite Staters. I look forward to continue working with my colleagues on commonsense, bipartisan measures that will help rebuild our communities."

"Nonprofits and charitable organizations have long been leaders on the front lines of this pandemic, putting Americans first and aiding recovery efforts in our communities," Congressman Walker said. "By increasing incentives for charitable giving, we can embolden our citizens to give back to those who have repeatedly given to us in this time of need."

Specifically, the bill would make available—for tax years 2019 and 2020—an expanded above-the-line deduction for charitable giving on federal income taxes valued at up to one-third of the standard deduction (around $4,000 for an individual filer and $8,000 for married joint filers). Under the CARES Act, Americans who donate to charities, religious organizations, and other nonprofits are able to claim a $300 above-the-line deduction on their 2020 returns.

This legislation was also introduced in the Senate by James Lankford (R-OK), Jeanne Shaheen (D-NH), Tim Scott (R-SC) and Amy Klobuchar (D-MN), Chris Coons (D-DE), Mike Lee (R-UT).

You can read the Universal Giving Pandemic Response Act in its entirety here.