Bills · S 3975
IN COMMITTEE· 119TH CONGRESS
Senate BillS 3975Taxation
IRA Charitable Rollover Facilitation and Enhancement Act of 2026
INTRO MAR 3· LAST ACTION MAR 3
READING
1MIN
COSPONSORS
5BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it changes how people can make tax-advantaged charitable donations from their retirement accounts. If this becomes law, individuals aged 70½ or older could use their IRA funds to contribute to a donor advised fund without that money being counted as taxable income. This provides an additional option for managing their charitable giving, potentially making it easier for some to organize donations, especially if they are not yet ready to choose a specific charity or want to give anonymously.
Without this bill, individuals must donate directly to an operating charity from their IRA to get the tax benefit, which limits their options if they prefer the flexibility and administrative ease of a donor advised fund. The change could encourage more people to use their IRA for charitable giving, but also raises questions about the timing of funds reaching active charities, as DAFs can hold money for an indefinite period before distribution.
KEY PROVISIONS
2AI-extractedPROVISION 01
Amends the Internal Revenue Code to specifically allow charitable rollovers from IRAs to donor advised funds.
This removes a current restriction, expanding the types of charitable organizations that can receive tax-free distributions from retirement accounts.
PROVISION 02
The change applies to distributions made after the date the bill officially becomes law.
This sets the effective date for when individuals can begin making these new types of tax-free donations from their IRAs to donor advised funds.
SPONSORSHIP
1 + 5
R· Indiana
YRS IN OFFICE
15
BILLS LED
65
COSPONSOR BREAKDOWNBIPARTISAN · 80%
DEM 3 REP 2 IND 0
ACTION TIMELINE
2 EVENTSMAR 3
Introduced in Senate
MAR 3
Read twice and referred to the Committee on Finance.
BILL INFO
TypeSenate Bill
NumberS 3975
Congress119th
StatusIn Committee
IntroducedMar 3, 2026
Last actionMar 3, 2026
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IN COMMITTEE· 119TH CONGRESS · FINANCE COMMITTEE · INTRODUCED MAR 3, 2026
Senate BillS 3975Taxation
IRA Charitable Rollover Facilitation and Enhancement Act of 2026
INTRODUCED MAR 3, 2026· LAST ACTION MAR 3, 2026
PASSAGE CHANCES
—%
READING
1 min
COSPONSORS
5
COMPLEXITY
Moderate
