Public Good IRA Rollover Act of 2007

In March 2007, Senators Byron Dorgan (D-ND) and Olympia Snowe (R-ME) and Representatives Earl Pomeroy (D-ND) and Wally Herger (R-CA) introduced the Public Good IRA Rollover Act of 2007 (S.819, H.R.1419).

H.R. 1419 would expand the IRA charitable rollover to: donor-advised funds, supporting organizations and private foundations planned gifts starting at age 59 ½ gifts over $100,000 

The bill would also permanently extend this incentive (the current limited IRA charitable rollover expires after December 31, 2007).