To encourage more contributions for those affected by Typhoon Haiyan, Congresswoman Susan Davis (D-San Diego) supported House legislation to direct the IRS to treat cash contributions to victims of Haiyan as if they were made in the 2013 tax year.
“San Diego has a strong connection to the Philippines and the outpouring of support from our region for the victims of Typhoon Haiyan has been inspiring,” said Davis. “Allowing for these immediate tax deductions will incentivize even more contributions to help the region devastated by Haiyan continue the rebuilding effort.”
The Philippines Charitable Giving Assistance Act allows contributions made prior to April 15, 2014, to be applied to the 2013 tax year. It also would recognize telephone bills showing the name of an organization receiving a donation as proof under IRS record-keeping requirements.
Congress has a history of allowing taxpayers to apply a charitable contribution in the wake of a disaster to a previous tax year. Similar laws were enacted for the December 2004 Indian Ocean tsunami and after the Haitian earthquake in 2010.
Typhoon Haiyan hit parts of Southeast Asia on November 8, 2013, killing more than 6,000 and causing $3 billion worth of damage.
Under the rule in which the bill was considered, the House bill, passed on a voice vote, will be sent to the President for his signature. The Senate recently passed similar legislation.