S. 3975: IRA Charitable Rollover Facilitation and Enhancement Act of 2026

S. 3975 is a federal bill in the 119th Congress. Before this law, individuals with individual retirement accounts could transfer money directly to charities without paying income tax on the withdrawal, but they were legally prohibited from sending that money to donor advised funds, which are accounts… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.