The Chronicle, 8/17/2006: President Bush Signs Charity Provisions Into Law

The Chronicle, 8/17/2006: President Bush Signs Charity Provisions Into Law: "resident Bush today signed into law a bill that contains a series of provisions designed to stimulate charitable giving and cut down on abuses of charity tax laws
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Chart: Changes for Charities and Donors in New Law

by donors and nonprofit organizations.

The law's chief incentive for charitable gifts allows donors age 70 ½ and older to withdraw up to $100,000 each year from their individual retirement accounts tax-free if they give the money directly to a charity."

Tags: NPLegislation