S1042 — Provides gross income tax exclusion for distributions from individual retirement accounts to qualified charitable organizations.

S1042 — Provides gross income tax exclusion for distributions from individual retirement accounts to qualified charitable organizations. · Informed CitizenrySenate Bill 1042 establishes a tax benefit allowing donors to exclude the distribution amount from their personal gross income when they donate money from an individual retirement account (IRA) to…Open in Informed Citizenry