Posts Tagged: House Ways and Means Committee

House Trying to Force Nonprofits to be "Effective"

March 11, 2014 Posted by Jessica Shofler in Lobbying, News, Policy

Can a new tax plan make nonprofits more “effective”? That’s what the House is hoping. A draft bill recently announced by the House Ways and Means Committee would penalize nonprofits for activities that the Committee has determined are not effective uses of charitable funds. Specifically, the bill would: •    Impose a 25% surtax on nonprofits …

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