Senate sends bill to Obama allowing faster tax breaks for donors to Haiti quake victims
By Stephen Ohlemacher, APThursday, January 21, 2010
Senate votes for faster tax breaks for Haiti gifts
WASHINGTON — The Senate has passed a bill allowing taxpayers to write off donations to Haiti earthquake relief efforts when they file their 2009 taxes this spring.
The bill, passed by voice vote, now goes to President Barack Obama for his signature. Obama has enlisted two former presidents — George W. Bush and Bill Clinton — to help raise money for quake victims.
Under current law, donors would have to wait until they file their 2010 returns next year to take the deductions. The bill would allow donations made by the end of February to be deducted from 2009 returns.
Filed under: Finance, Government
Tags: Barack Obama, Bill Clinton, Caribbean, Haiti, Latin America And Caribbean, North America, United States, Washington
Tags: Barack Obama, Bill Clinton, Caribbean, Haiti, Latin America And Caribbean, North America, United States, Washington
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