Rep. Wenstrup Introduces Bipartisan, Bicameral Legislation to Expand Charitable Deduction Rules for Veterans Service Organizations
Washington, March 7, 2023
Washington, D.C. - Today, Rep. Brad Wenstrup (R-OH) and Rep. Jimmy Panetta (D-CA) introduced the VSO Equal Tax Treatment (VETT) Act, bipartisan and bicameral legislation which would update a provision in the Federal tax code that currently prevents Veterans Service Organizations (VSOs) from accepting tax-deductible donations unless they maintain a membership of at least 90 percent wartime veterans. These current rules exclude veterans who joined and served after the Vietnam War and prior to the Persian Gulf War in 1991.
U.S. Senators Bill Cassidy, M.D. (R-LA) and Tammy Duckworth (D-IL) introduced companion legislation in the U.S. Senate.
"Veterans Service Organizations offer vital support and a sense of community to Americans who wore our nation's uniform and sacrificed so much for our country. This bipartisan, bicameral legislation makes needed reforms to the tax code that will help VSOs grow and maintain their memberships without having to risk losing their ability to receive tax-deductible charitable donations," said Rep. Wenstrup.
"Veteran service organizations are integral to supporting those in our communities who served our country in uniform, but that mission is being held back by outdated classifications in our tax code,” said Rep. Panetta. “I’m proud to introduce this bipartisan, bicameral, commonsense legislation to ensure that charitable contributions to these organizations are tax deductible. This way our federal tax code could incentivize and encourage Americans to continue supporting organizations that serve those who served America."
The VETT Act is endorsed by AMVETS, American Legion, AMSUS, Commissioned Officers Association of the USPHS, Fleet Reserve Association, Jewish War Veterans, Military Order of the World Wars, Non Commissioned Officers Association, U.S. Coast Guard Chief Petty Officers Association, and TREA: The Enlisted Association.