Council Submits Written Testimony to Senate Finance Committee
Council President and CEO Kathleen Enright recently submitted testimony to the Senate Finance Committee on the hearing Examining Charitable Giving and Trends in the Nonprofit Sector, which took place on March 17. She reiterated the need for Congress to prioritize legislation that promotes a thriving charitable sector, calling on Congress to: expand and extend charitable giving incentives such as the charitable deduction for nonitemizers; protect charitable giving vehicles, including donor-advised funds; and support the nonprofit community during a time of economic upheaval. Read the full testimony.
House Holds Hearing on Enhancements to Foreign Agents Registration Act
This week, the House Judiciary Subcommittee on the Constitution, Civil Rights, and Civil Liberties held a hearing on Enhancing the Foreign Agents Registration Act (FARA) of 1938. The hearing included testimony from the International Center for Not-for-Profit Law’s Nick Robinson, who urged Congress to consider legislative fixes to FARA’s sweeping provisions, which could unintentionally undermine nonprofits’ work with international partners. House Judiciary Committee Chairman Jerrod Nadler (D-NY) emphasized that any enhancements to FARA would have to also consider possible consequences on the nonprofit sector. Some members of the committee were sympathetic to the idea that FARA requires reform to better target those lobbying on behalf of a foreign government or political party, while others stressed that the law should not be politicized.
The Council on Foundations supports modernizing FARA to ensure philanthropic organizations that work with leaders and partners across the globe to achieve their missions here in the US and abroad can thrive.
IRS Commissioner Testifies in Senate Finance Committee
This week, IRS Commissioner Charles Rettig testified on the IRS’s FY2023 budget request in front of the Senate Finance Committee. He explained the agency was asking for additional funding. The Biden Administration believes that increased oversight of high-wealth individuals would decrease the so-called tax gap—the difference between the amount the IRS should collect and the amount the agency collects annually.
Judge Jackson Confirmed to the Supreme Court
On Thursday, the Senate voted to confirm Judge Ketanji Brown Jackson to the Supreme Court. Justice Jackson will be the first Black woman and first former public defender to sit on the Supreme Court. Justice Stephen Breyer announced his intention to retire at the end of the Court’s 2021-2022 term earlier this year.