HR2891Referred to Committee

IRA Charitable Rollover Facilitation and Enhancement Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-04-10
Introduced
41
Cosponsors
HR
Type

Sponsor

Adrian Smith
Adrian Smith
Republican · NE · Representative
Votes with party: 98.3% (597 recorded votes)

Full profile: /officials/S001172

Source: Congress.gov · FEC

Cosponsors (41)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2025-04-10

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

This bill would make it easier for people over 70½ years old to donate money directly from their retirement accounts (IRAs) to charities without having to pay taxes on those donations. Currently, there are limits on how much people can donate this way each year, and the bill would likely increase those limits or remove restrictions to encourage more charitable giving. The change would benefit both older Americans who want to support causes they care about and charities that receive these donations.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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Related legislation

Bills by the same sponsor or covering overlapping subjects.