H.R. 8783 — To amend the Internal Revenue Code of 1986 to exclude from gross income charitable distributions from certain employer-sponsored retirement plans, and for other purposes.

H.R. 8783 — To amend the Internal Revenue Code of 1986 to exclude from gross income charitable distributions from certain employer-sponsored retirement plans, and for other purposes. | JustPolicyThe purpose of this legislation is to modify the Internal Revenue Code to allow certain charitable distributions from employer-sponsored retirement plans to be excluded from a taxpayer's gross income. This aims to encourage charitable giving by making it more financially beneficial for individuals who are retired or nearing retirement age.