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Advocacy Blog
Tuesday, May 09, 2006
Charitable Provisions Move Forward in Extenders
From Council on Foundations:
Today, Senate Finance Committee Chairman Charles Grassley (R-IA) and House Ways and Means Committee Chairman Bill Thomas (R-CA) will announce that conferees have reached a deal on the tax reconciliation bill (H.R. 4297 ). Though charitable provisions were removed from the final version of H.R. 4297, it does appear that Grassley and Thomas have agreed in principle to include charitable reform and incentive provisions in the contents of a second "extenders" package. It is unclear if, when or how the extenders package will be considered by the House and Senate. H.R. 4297 is expected to be approved by week's end.
Posted by Jennifer Lowe
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