Congress Passes Sweeping Charitable Incentive And Reform Package: Considerations For Nonprofit Organizations.

Mondaq Business BriefingNbr. 2006, January 2006

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Congress Passes Sweeping Charitable Incentive And Reform Package: Considerations For Nonprofit Organizations.

The pension reform bill, H.R. 4, recently passed by Congress and soon to be signed into law by President Bush, contains a sweeping package of incentives and reforms related to charities and charitable contributions. While these measures are directly applicable mainly to Section 501(c)(3) organizations, the reforms will affect many, if not most, nonprofit organizations, and numerous for-profit compani...

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