RESOLUTION 2011-07

Tax Credit for Donation of Vehicles to Charitable Causes

AMERICAN COUNCIL OF THE BLIND
RESOLUTION 2011-07

SUMMARY:

This organization calls upon all members of the U.S. House of Representatives to co-sponsor H.R. 860, and requests that members of the U.S. Senate promptly introduce and pass companion legislation to H.R. 860 and work with the House of Representatives to get the legislation to the President's desk as soon as possible.

WHEREAS, the Internal Revenue Code of 1986 provided a taxpayer income credit which allowed for the donation of vehicles for their fair market value to qualified charitable organizations; and

WHEREAS, until 2005, these donations served as a critical fund-raising resource for over 5,000 large and small non-profit service organizations including the American Council of the Blind (ACB) and many of its state affiliates; and

WHEREAS, because some donors and some third-party management contractors were charged with abusing the provision of the deductions allowed for fair market value of donated vehicles, Congress in 2003 enacted legislation that imposes overreaching restrictions on this part of the tax code which have severely restricted how these deductions can be taken; and

WHEREAS, Representatives David Reichert (R-WA) and John Larson (D-CT) are currently sponsoring legislation, H.R. 860, which strikes a balance between easing burdens on the use of the vehicle donation deduction with legitimate reporting and abuse concerns;

NOW, THEREFORE, BE IT RESOLVED by the American Council of the Blind in convention assembled at the John Ascuaga Nugget Hotel Resort and Casino in Sparks, Nev., on the 15th day of July, 2011, that this organization call upon all members of the U.S. House of Representatives to co-sponsor H.R. 860; and

BE IT FURTHER RESOLVED that members of the U.S. Senate promptly introduce and pass companion legislation to H.R. 860 and work with the House of Representatives to get the legislation to the President's desk as soon as possible.

Adopted.

Marlaina Lieberg, Secretary