H.R. 4907 · 114th Congress · 2015–2016
Grow Philanthropy Act of 2016
H.R. 4907 in the 114th Congress (2015–2016) was introduced on Apr 12, 2016, sponsored by George Holding with 47 co-sponsors.
During the 114th Congress (2015–2016), Barack Obama was president, and Republicans held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Apr 12, 2016
- Co-sponsors
- 47
- Policy area
- Taxation
What it does
Grow Philanthropy Act of 2016 This bill amends the Internal Revenue Code to exclude from the gross income of an individual who is at least 70-1/2 years of age up to $100,000 in distributions from an individual retirement plan to a donor-advised fund. (A donor-advised fund is a fund or account that is separately identified by reference to contributions of a donor or donors.
Summary by the nonpartisan Congressional Research Service.
Sponsor
George Holding (R-NC). Co-sponsors: 20 Democrats, 27 Republicans.
Where it stands
- IntroducedApr 12, 2016
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (Apr 12, 2016)
More bills from George Holding in the 114th Congress
Other Taxation bills in the 114th Congress
- H.R. 1527: Slain Officer Family Support Act of 2015
- H.R. 606: Don't Tax Our Fallen Public Safety Heroes Act
- H.R. 3209: Recovering Missing Children Act
- H.R. 5946: United States Appreciation for Olympians and Paralympians Act of 2016
- H.R. 25: FairTax Act of 2015
- H.R. 30: Save American Workers Act of 2015
- H.R. 143: Patient Freedom Act of 2014
- H.R. 160: Protect Medical Innovation Act of 2015
- H.R. 173: Death Tax Repeal Act
- S. 183: Jobs and Premium Protection Act
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 4907 (114th Congress): Grow Philanthropy Act of 2016,” https://www.capitolreceipts.com/bill/114-hr-4907/grow-philanthropy-act-of-2016 (accessed 2026-10-17).