HR 6498
SAFE Act of 2020
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The SAFE Act of 2020 temporarily suspends limitations on charitable deductions for donations of hand sanitizer made by distilled spirits operations during the year 2020. It allows individuals and corporations to deduct these contributions up to the point where they don't exceed the total of their other charitable donations, with any excess carried over. The bill also clarifies the definition of ‘qualified contribution of hand sanitizer’ and provides guidance on determining its fair market value, specifically addressing contributions made to essential businesses.
Sponsors
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Primary sponsor
Cosponsors
Debra A. Haaland
Derek Kilmer
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