Rep. Aaron Schock (R-IL) and Rep. Earl Blumenauer (D-OR) recently introduced H.R. 4619, a bill that would permanently extend the IRA charitable rollover provision.
The House of Representatives passed the America Gives More Act of 2014 on July 17. The Senate must now take action for the bill to become law.
State Representative Milo Smith (R-Columbus) has been named the 2013 Public Policy Champion of Philanthropy by the Indiana Grantmakers Alliance for his work in authoring a bill dealing with the donation of agricultural products.
We have learned that a broad tax extenders bill has been released that includes permanence and enhancements for charitable provisions.
A measure to make dozens of tax extenders permanent, including three charitable giving incentives, was approved by the House of Representatives on Thursday.
By Marissa Manlove, CAE, President/CEO, Indiana Philanthropy Alliance
Advocacy helps the philanthropic sector advance its mission, increase its funding sources, and solve community and societal problems. That is why advocacy is a key component of Indiana Philanthropy Alliance’s mission.