H.R. 1755 would amend the charter of the Disabled American Veterans (DAV) to specify that DAV is organized for charitable and educational purposes, and to ensure that upon dissolution of the organization any remaining assets would be transferred to the Department of Veterans Affairs. Those changes could allow DAV to qualify as a “public charity” under the Internal Revenue Code, and thus might lead to an increase in tax deductible donations. However, because DAV is already exempt from federal taxation and qualified to receive deductible contributions as a “war veterans” organization, CBO and the staff of the Joint Committee on Taxation expect that such changes would have a negligible effect on federal revenues.
Enacting H.R. 1755 would not affect direct spending, but would have a negligible effect on revenues; therefore, pay-as-you-go procedures apply. CBO estimates that enacting H.R. 1755 would not increase net direct spending or on-budget deficits by more than $5 billion in any of the four consecutive 10-year periods beginning in 2026.
H.R. 1755 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments.