1. Short title This Act may be cited as the Public Good IRA Rollover Act of 2017 . 2. Tax-free distributions from individual retirement accounts for charitable purposes (a) In general Paragraph (8) of section 408(d) of the Internal Revenue Code of 1986 is amended to read as follows: (8) Distributions for charitable purposes (A) In general No amount shall be includible in gross income by reason of a qualified charitable distribution. (B) Qualified charitable distribution For purposes of this paragraph, the term qualified charitable distribution means any distribution from an individual retirement account— (i) which is made directly by the trustee— (I) to an organization described in section 170(c), or (II) to a split-interest entity, and (ii) which is made on or after the date that the individual for whose benefit the account is maintained has attained— (I) in the case of any distribution described in clause (i)(I), age 70 1/2 , and (II) in the case of any distribution described in clause (i)(II), age 59 1/2 . A distribution shall be treated as a qualified charitable distribution only to the extent that the distribution would be includible in gross income without regard to subparagraph (A) and, in the case of a distribution to a split-interest entity, only if no person holds an income interest in the amounts in the split-interest entity attributable to such distribution other than one or more of the following: the individual for whose benefit such account is maintained, the spouse of such individual, or any organization described in section 170(c). (C) Contributions must be otherwise deductible For purposes of this paragraph— (i) Direct contributions A distribution to an organization described in section 170(c) shall be treated as a qualified charitable distribution only if a deduction for the entire distribution would be allowable under section 170 (determined without regard to subsection (b) thereof and this paragraph). (ii) Split-interest gifts A distribution to a split-interest entity shall be treated as a