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
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
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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)
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(b) Effective date
The amendment made by this section shall apply to distributions after the date of the enactment of this Act.