A bill to amend the Internal Revenue Code of 1986 to treat transfers of appreciated property to certain tax-exempt organizations the same as transfers of appreciated property to political organizations.
Aligns the tax treatment of appreciated-property transfers to certain tax-exempt organizations with transfers to political organizations.
In the Senate Finance Committee since Sept. 30, 2026, 5 days after it was introduced. Most bills never leave committee.
- INTRODUCEDINTROSEP 30, 2026
- COMMITTEECOMM.IN COMMITTEE
- SENATESENATE—
- HOUSEHOUSE—
- LAWLAW—
What the bill would do, and why it matters
Donors may face different tax treatment when transferring appreciated property to different kinds of organizations. The bill would change federal tax law so transfers to certain tax-exempt organizations are treated the same as transfers to political organizations.
- INTRODUCED ONLY This bill has been introduced and possibly referred to a committee, but it has not passed any vote. Most introduced bills never become law — they die in committee without a hearing.
- FULL TEXT UNAVAILABLE Congress.gov has not posted the full bill text yet. The analysis is based on the title and metadata only and may miss substantive provisions.
- DATA NOTE No Congressional Research Service summary was available.
- Aligns tax treatment for certain transfers
Would amend the Internal Revenue Code to treat transfers of appreciated property to certain tax-exempt organizations the same as transfers of appreciated property to political organizations.
The practical question is whether transfers of appreciated property receive different tax treatment based on whether the recipient is a covered tax-exempt organization or a political organization. The bill would align those rules, but its title does not specify how the change would affect individual tax bills or federal revenue.
Written from the official record.
The path it took, step by step
- IntroducedSEP 30, 2026SENATESEP 30, 2026By Sen. Whitehouse with 7 original cosponsorsReferred to Finance
- SAME DAYNOWSenate committeeSEP 30, 2026FINANCE NOWSEP 30, 2026In committee for 5 daysNo hearing yet
- 5 DAYS SO FARPassed the Senate—SENATE FLOOR—Not scheduled
- House committee—HOUSE—
- Passed the House—HOUSE FLOOR—Not scheduled
- Resolve differencesONLY IF NEEDEDBOTH CHAMBERSONLY IF NEEDEDSkipped if the other chamber passes the same text
- Signed into law—PRESIDENT—10 days to sign or veto
- SEP 302026SEP 30, 2026REFERREDRead twice and referred to the Committee on Finance.
- SEP 302026SEP 30, 2026INTRODUCEDSENATEIntroduced in Senate
At day 5, this bill is already older than 3% of the laws passed this Congress were when they were signed.
Where your members stand on it
A coalition from 7 states
Plus the sponsor, a Democrat. Every cosponsor is from one party.
Plus the sponsor, a Democrat. Every cosponsor is from one party.
Sen. Whitehouse’s record: sponsored 103 bills this Congress. 5 passed the Senate; 0 became law.
- Tammy BaldwinD-WIORIGINAL
- Catherine Cortez MastoD-NVORIGINAL
- Jeff MerkleyD-ORORIGINAL
- Brian SchatzD-HIORIGINAL
- Tina SmithD-MNORIGINAL
- Elizabeth WarrenD-MAORIGINAL
- Peter WelchD-VTORIGINAL
What readers think
Discussion
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