Mike Kelly (R-PA)
Charitable Deductions for Digital Asset Donations Act
A Republican bill with no cosponsors
Last activity — Referred to the House Committee on Ways and Means.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill is called the Charitable Deductions for Digital Asset Donations Act. It changes the Internal Revenue Code of 1986 to make an exception for certain digital assets from appraisal requirements for charitable contributions. The bill sets clear definitions for terms related to digital assets, such as traded digital assets and widely traded digital assets. It also gives the Secretary authority regarding stablecoins and rules to prevent abuse. The new rules apply to taxable years beginning after December 31, 2026.
Yes· 3 of 8
- Scored +4
Would high-income households be better off under this?
High-income individuals holding significant digital assets benefit from the removal of costly appraisal requirements for charitable donations.
- Scored +4
Would people with substantial wealth be better off under this?
High net worth individuals benefit from tax facilitation regarding large digital asset holdings donated to charity.
- Scored +4
Would the very wealthiest people be better off under this?
Ultra high net worth individuals holding significant crypto assets can more easily donate them without burdensome appraisal requirements.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Section 2 amends Section 170(f)(11)(A)(ii)(I) of the internal revenue code to except widely traded digital assets from appraisal requirements. This could make it easier and less expensive for individuals to donate qualifying digital assets to charity without paying for a formal appraisal.
Potential Negative Impacts for People
- Section 3 establishes specific criteria for widely traded digital assets, including market capitalization exceeding $500,000,000 and ownership limits, which might exclude many smaller or newer digital assets from qualifying for the appraisal exception. This could place a heavier financial and administrative burden on individuals who wish to donate digital assets that do not meet these strict definitions.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would billionaires be better off under this? — Billionaires holding digital assets gain an easier pathway for tax-deductible philanthropic contributions. Would high-income households be better off under this? — High-income individuals holding significant digital assets benefit from the removal of costly appraisal requirements for charitable donations. Would people with substantial wealth be better off under this? — High net worth individuals benefit from tax facilitation regarding large digital asset holdings donated to charity. Would the very wealthiest people be better off under this? — Ultra high net worth individuals holding significant crypto assets can more easily donate them without burdensome appraisal requirements. Would people in their twenties and thirties be better off under this? — Young adults hold a higher proportion of digital assets and may benefit from simplified charitable donation rules. Would people in middle age be better off under this? — Middle-aged individuals who hold digital assets may benefit from streamlined tax deductions for charitable giving. Would middle-income households be better off under this? — Middle-class holders of digital assets benefit from reduced appraisal costs when making charitable contributions.
- Governance And Ideology
- Does this give the federal government more power? — The bill grants the Treasury Secretary additional regulatory authority to define and oversee rules regarding digital asset charitable contributions and prevent abuse.
- 6/8/2026
- Referred to the House Committee on Ways and Means.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.