Nov 18, 2009 2:35 pm US/Eastern
Schumer Proposes Tax Break For Deer Donors
ALBANY (CBS) ―
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Sen. Charles Schumer has proposed a tax deduction for deer hunters who donate their processed venison to food pantries and soup kitchens.
Hunters would be able to deduct the cost of having their kill butchered for donation. Schumer says the processing cost is typically $65 to $80.
Tax incentives would also be provided to processors that butcher game for non-profit organizations such as the Venison Donation Coalition, which pays to process donated game and then gives the meat to food pantries.
Schumer says Wednesday the processors wouldn't have to pay taxes on the income received from a non-profit group, and could pass the savings on to the organization.
Sen. Schumer was first elected to the Senate in 1998.
(© 2010 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)
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