Charitable Deductions for Digital Asset Donations Act
Bill Summary
Allows people to claim tax deductions for donating digital assets, like cryptocurrency, to charity. Requires the IRS to recognize these donations as eligible for tax deductions.
Sponsored By
Bill Journey
- Jun 8, 2026
- Jun 8, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This bill affects individuals who donate digital assets to charity, potentially reducing their tax liability. It also impacts charities that accept digital asset donations, as they may see an increase in donations if taxpayers can claim deductions.
Impact Areas
Support & Opposition
- Republican1
Documents
1
Full text opens on congress.gov, the official source.
Bill Details
- Economy
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.