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Congressional Action Could Help Feed More Hungry Nevadans

PHOTO: Legislation to reinstate several charitable deductions that could benefit hungry people in Nevada and across the nation passed in the U.S. House this summer, but has been stalled in the Senate. Photo courtesy of Federal Emergency Management Agency.
PHOTO: Legislation to reinstate several charitable deductions that could benefit hungry people in Nevada and across the nation passed in the U.S. House this summer, but has been stalled in the Senate. Photo courtesy of Federal Emergency Management Agency.
November 24, 2014

RENO, Nev. – Food banks in Nevada and across the nation could feed more hungry people if Congress restores some charitable deductions that expired this year.

According to Shane Piccinini, public policy advocate with the Food Bank of Northern Nevada, food banks and other nonprofit groups are watching the America Gives More Act, legislation that would reinstate federal tax credits for crop donations from farmers and food manufacturers.

"Before that provision went away in the tax code, food banks got all sorts of donations of peanut butter and tuna fish and canned meats," Piccinini says.

The America Gives More Act passed in the House this summer but still requires Senate approval for passage and has been stuck in committee.

Piccinini points out that food banks are heading into their busiest time of year, so the additional donations from food businesses and farmers would be helpful.

He says the legislation would also restore a rule allowing people over age 70 to make a tax exempt charitable donation through an Individual Retirement Account (IRA).

"You know, they've got $100,000 or more in an IRA,” he points out. “They are allowed to donate money through that IRA to a nonprofit organization. That's a big one for food banks and other charitable organizations."

The America Gives More Act would also allow people to make charitable donations until April 15 for the previous tax year. But charitable deductions in general are getting more scrutiny in the debate about how to make the U.S. tax laws less complicated.


Troy Wilde, Public News Service - NV