Washington Snapshot - June 10, 2016
News from the Hill
Senate Philanthropy Caucus Co-Chairs Encourage Colleagues to Join
This week, the Senate Philanthropy Caucus Co-Chairs, Richard Burr (R-NC) and Chuck Schumer (D-NY) sent a Dear Colleague Letter encouraging their fellow Senators to join the caucus. They called for colleagues to “…
Washington Snapshot - June 3, 2016
News from the Hill
International Tax Reform Blueprint Forthcoming
Despite the condensed Congressional session due to the upcoming elections, Speaker Paul Ryan (R-WI) asserts that his Task Force on Tax Reform will release a substantive blueprint for tax reform before the end of this month.
Though…
Washington Snapshot - May 27, 2016
News from the Hill
This Week in Tax Reform
The discussion around tax reform is still alive and well, as demonstrated by hearings this week in both the House and the Senate.
On Tuesday, Chairman Orrin Hatch (R-UT) of the Senate Finance Committee held a second hearing on corporate tax integration:…
Washington Snapshot - May 20, 2016
Executive & Regulatory News
Department of Labor Publishes New Rule on Overtime Regulations
On Wednesday, President Obama and Secretary Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations. The Council has been closely tracking this issue…
Washington Snapshot - May 13, 2016
News from the Hill
Corporate Tax Integration and Philanthropy: What Does it Mean?
There has been a lot of buzz recently around the topic of corporate integration—prompted primarily by Senate Finance Committee Chairman Orrin Hatch’s (R-UT) intent to release a corporate integration proposal by the…
Washington Snapshot - May 6, 2016
Since Congress is out of session this week, today’s edition of Washington Snapshot will be slightly abbreviated. Congress will return next week!
News from the Hill
Ways and Means Making Progress on Tax Reform Plan
Ways and Means Chairman Kevin Brady (R-TX) recently indicated that a tax reform…
Washington Snapshot - April 29, 2016
News from the Hill
Chairman Hatch Continues Discussions on Corporate Integration
As our readers know, Senate Finance Committee Chairman, Orrin Hatch (R-UT) has been talking for some time about releasing a proposal for corporate integration tax reform.
Though the specifics of Hatch’s forthcoming…
Washington Snapshot - April 22, 2016
Executive & Regulatory News
New PRI Regulations Released by Treasury
As our readers well know, last summer the Treasury Department announced their intention to finalize new regulations for program-related investments (PRIs). This week, it published nine new examples of permissible PRIs.…
Washington Snapshot - April 15, 2016
News from the Hill
IRA Charitable Rollover Bill Introduced in House
Congressman George Holding (R-NC) introduced the Grow Philanthropy Act (H.R.4709) this week. This bill proposes an expansion of the IRA charitable rollover provision to allow for distributions to donor advised funds (DAFs).
In…
Washington Snapshot - April 1, 2016
News from the Hill
House Tax Policy Subcommittee to Hold Next Tax Reform Hearing
Chairman of the House Ways and Means Tax Policy Subcommittee Charles Boustany (R-LA) announced this week that the series of hearings on tax reform will continue, with the next hearing scheduled for Wednesday, April…
Council Comments on Multistate Registration & Filing Project
The Council submitted a letter on March 31, 2016 in response to a request for information (RFI) issued in February by the Multistate Registration and Filing Project (MRFP)—an organization that works with the National Association of State Charity Officials (NASCO) and the National Association of…
Washington Snapshot - March 25, 2016
News from the Hill
House Tax Policy Subcommittee Holds Hearing on Tax Reform Proposals
As we reported last week, the House Ways and Means Subcommittee on Tax Policy held a hearing on Tuesday about potential tax reform approaches.
The Subcommittee heard testimony from Representatives Devin Nunes (R-…
Washington Snapshot - March 18, 2016
News from the Hill
Hearing on Tax Reform Proposals Set for Next Week
Chairman of the House Ways and Means Subcommittee on Tax Policy, Charles Boustany (R-LA) announced the first in what will be a series of hearings on potential approaches and proposals for tax reform.
The hearing is scheduled for…
Washington Snapshot - March 11, 2016
News from the Hill
Chairman of House Veterans' Affairs Committee to Retire from Congress
Representative Jeff Miller (R-FL-1) announced this week that he will not seek re-election at the expiration of his current term in office. First elected to the U.S. House of Representatives in 2001, Miller…
Washington Snapshot - March 4, 2016
News from the Hill
Congress Grows More Skeptical of Universities
This Wednesday, the Ways and Means Oversight Committee held a hearing entitled: Protecting the Free Exchange of Ideas on College Campuses. Though the motivation for this hearing perhaps stemmed from previously expressed skepticism…
Washington Snapshot - February 26, 2016
News from the Hill
This Week in Tax Reform...
Yesterday, the Brookings Institute held an event entitled Tax Policy in 2016: What’s New and What’s Next. Council Vice President for Public Policy Hadar Susskind attended this event, where keynote addresses were given by Ways and Means Chairman Kevin…