Lawmakers Delay Action on Tax Legislation
January 12, 2006 | Read Time: 1 minute
Congress has put off for several weeks a final decision on key tax legislation that many nonprofit organizations have sought to cut down on abuses of charity tax laws and encourage charitable giving.
A conference committee of members of the Senate and House of Representatives is expected to meet in early February to work out differences between tax bills passed late last year by each chamber of Congress.
The Senate measure has many provisions for nonprofit groups while the House bill has none (The Chronicle, December 8, 2005). So nonprofit organizations that support the Senate bill face the challenge of helping senators persuade representatives to include those provisions in a final measure.