Bill · S. 4511· Senate(119-S-4511)
A bill to amend the Internal Revenue Code of 1986 to exclude from gross income charitable distributions from certain employer-sponsored retirement plans, and for other purposes.
- Introduced
- 5/13/2026
- Last activity
- 5/13/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Kevin Cramer
- Cosponsors
- - 1 - 2
- Introduced
- In Committee
What this bill would do
This bill proposes to amend the Internal Revenue Code of 1986 to exclude certain charitable distributions from a taxpayer's gross income. It targets distributions made from qualified employer-sponsored retirement plans to specific organizations. These distributions must be made directly by the plan to the organization. Additionally, the individual must have reached age 70\1/2 before the distribution is made. The bill also extends these rules to certain annuity contracts and deferred compensation plans.
Yes· 3 of 4
Would people over 65 be better off under this?+4
The bill specifically enables tax-advantaged charitable giving for individuals who have attained age 70 and a half.
Would retired people be better off under this?+4
Retirees can use this provision to make direct charitable distributions from their qualified employer plans.
Would high-income households be better off under this?+3
The tax exclusion on retirement distributions provides a financial benefit to individuals with significant retirement plan balances.
The opposite
Does this reduce what the federal government spends?-1
By excluding charitable distributions from gross income, the bill potentially reduces federal tax revenue.
Who it would affect, and how
Potential Positive Impacts for People
-
Tax Exclusion for Charitable Giving: Taxpayers can make charitable distributions from qualified employer plans without having that amount included in their gross income, up to an applicable amount (Section 1(a)(1)).
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Support for Charitable Organizations: The bill allows for direct distributions from a qualified employer plan to organizations described in section 170(b)(1)(A) (Section 1(a)(2)(A)).
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Inclusion of Various Retirement Plans: The rules apply to several types of plans, including qualified employer plans, annuity contracts under section 403(b), and eligible deferred compensation plans under section 457(b) (Section 1(a)(2), Section 1(c), and Section 1(d)).
Potential Negative Impacts for People
-
Age Restrictions: The tax exclusion for qualified charitable distributions only applies if the distribution is made on or after the date the individual reaches age 70\1/2 (Section 1(a)(2)(B)).
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Specific Organization Exclusions: The benefits do not apply to distributions made to organizations described in section 509(a)(3) or any fund or account described in section 4966(d)(2) (Section 1(a)(2)(A)).
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Limits on Amounts: The exclusion from gross income is limited to an "applicable amount," which is calculated based on specific dollar amounts and existing distribution rules (Section 1(a)(4)(A)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Retirees+4Good For Seniors+4Good For High Income Households+3
- Economy And Finance
- Reduces Government Spending-1
- Social Issues And Justice
- Improves Poverty Reduction+1
- 5/13/2026
- Read twice and referred to the Committee on Finance.
- 3 Cosponsors added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Christopher CoonsDemocrat · Delaware
Roger MarshallRepublican · Kansas
Mark WarnerDemocrat · Virginia