Public Law 118-146 | Public Law 118–146: To amend the Internal Revenue Code of 1986 to provide for the deductibility of charitable contributions to certain organizations for members of the Armed Forces.

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PUBLIC LAW 118–146—DEC. 12, 2024

138 STAT. 1673

Public Law

118–146

118th Congress

An Act

To amend the Internal Revenue Code of 1986 to provide for the deductibility of charitable contributions to certain organizations for members of the Armed Forces.

Dec. 12, 2024

[H.R. 1432]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

VSO Equal Tax Treatment Act.

SECTION 1.

26 USC 1 note.

SHORT TITLE.

This Act may be cited as the “

VSO Equal Tax Treatment Act

” or as the “

VETT Act

”.

SEC. 2.

DEDUCTIBILITY OF CHARITABLE CONTRIBUTIONS TO CERTAIN ORGANIZATIONS FOR MEMBERS OF THE ARMED FORCES.

(a)

In General.—

Section 170(c) of the Internal Revenue Code of 1986

26 USC 170.

is amended

inserting

after paragraph (5) the following new paragraph:

“(6)

An organization described in section 501(c)(19) that is a federally chartered corporation.”

(b)

Percentage Limitation.—

Section 170(b)(1)(A) of the Internal Revenue Code of 1986

is amended

striking

“or” at the end of clause (viii), by

adding

“or” at the end of clause (ix), and by

inserting

after clause (ix) the following new clause:

“(x)

an organization described in section 501(c)(19) that is a federally chartered corporation,”

(c)

26 USC 170 note.
Effective Date.—

The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.

Approved December 12, 2024.

LEGISLATIVE HISTORY—H.R. 1432:

HOUSE REPORTS: ┐No. 118–351 (Comm. on Ways and Means).

CONGRESSIONAL RECORD, Vol. 170 (2024):

Sept. 17, considered and passed House.

Dec. 4, considered and passed Senate.

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