Originally posted in the Vacaville Reporter: The United States Senate has the opportunity to provide a powerful boost to charitable organizations working to improve lives and strengthen communities all across the country. In July 2014 the House of Representatives approved the America Gives More Act, landmark legislation that would make three major charitable giving incentives (including donations of food inventory) permanent and reliable for donors of both food and funds.
Here is why the legislation is so important to our Food Bank and our community: the America Gives More Act would help the farmers, restaurants, retailers, and food manufacturers we work with donate more excess food to those in need. Up until now, the charitable giving provisions in the tax code have been repeatedly extended on a short-term, often erratic basis that limits their impact, as donors cannot consistently rely on the certainty of receiving tax benefits for their generous donations. This is certainly true for small businesses that are relying on the food donation tax deduction to provide a needed incentive to help them establish a regular donation program with food banks. The uncertainty they face with the tax code has a tremendous impact on the amount of food we can bring in to the Food Bank, and in turn, get out to those in need.
In addition, the America Gives Back Act has much needed expansions of the food donation deduction that would allow farmers and ranchers to take the same tax deduction when donating food – a much needed improvement. Our Food Bank is now distributing 10 million pounds of fresh produce every year – and we anticipate this legislation would help us increase that amount.
The impact of the America Gives More Act on our mission—and those we serve—would be significant. With over 70 billion pounds of wholesome excess food wasted each year, we have a critical opportunity to give food banks and food donors a powerful tool to donate more food.
The U.S. Senate now has the opportunity to include the America Gives More Act in tax legislation that’s expected to be voted on after the election. Doing so would have a significant and positive impact on millions of individuals and families in every community who benefit from the programs and services provided by charitable organizations across the country. To contact your senator and ask them to support this legislation, call the US Capitol Switchboard at (202) 224-3121.