50 ,

This resolution expresses congressional disapproval of the rule submitted by the Internal Revenue Service relating to charitable contribution and estate tax deductions when a taxpayer receives or expects to receive a corresponding state or local tax credit, and such rule shall have no force or effect.

Policy Area

Taxation

Legislative Terms

  • administrative law and regulatory procedures
  • charitable contributions
  • congressional oversight
  • department of the treasury
  • income tax credits
  • income tax deductions
  • internal revenue service (irs)
  • state and local taxation