Political Quotes

“Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 4783) to accelerate the income tax benefits for charitable cash contributions for the relief of victims of the earthquake in Chile, and to extend the period from which such contributions for the relief of victims of the earthquake in Haiti may be accelerated. The Clerk read the title of the bill. The text of the bill is as follows: H.R. 4783 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. ACCELERATION OF INCOME TAX BENEFITS FOR CHARITABLE CASH CONTRIBUTIONS FOR RELIEF OF VICTIMS OF EARTHQUAKE IN CHILE. (a) In General.--For purposes of section 170 of the Internal Revenue Code of 1986, a taxpayer may treat any contribution described in subsection (b) made after February 26, 2010, and on or before April 15, 2010, as if such contribution were made on December 31, 2009, and not in 2010. (b) Contribution Described.--A contribution is described in this subsection if such contribution is a cash contribution made for the relief of victims in areas affected by the earthquake in Chile on February 27, 2010, for which a charitable contribution deduction is allowable under section 170 of the Internal Revenue Code of 1986.…”