A bill to amend the Internal Revenue Code of 1986 to allow charitable rollovers from individual retirement accounts to donor advised funds.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3975 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 3975 To amend the Internal Revenue Code of 1986 to allow charitable rollovers from individual retirement accounts to donor advised funds. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 3, 2026 Mr. Young (for himself, Mr. Bennet, Mr. Lankford, Ms. Cortez Masto, and Ms. Cantwell) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to allow charitable rollovers from individual retirement accounts to donor advised funds. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``IRA Charitable Rollover Facilitation and Enhancement Act of 2026''. SEC. 2. REPEAL OF RESTRICTION ON CHARITABLE ROLLOVERS FROM INDIVIDUAL RETIREMENT ACCOUNTS TO DONOR ADVISED FUNDS. (a) In General.--Section 408(d)(8)(B)(i) of the Internal Revenue Code of 1986 is amended by striking ``or any fund or account described in section 4966(d)(2)''. (b) Effective Date.--The amendment made by this section shall apply to distributions after the date of the enactment of this Act. <all>