Executive & Regulatory News New PRI Regulations Released by Treasury As our readers well know, last summer the Treasury Department announced their intention to finalize new regulations for program-related investments (PRIs). This week, it published nine new examples of permissible PRIs.…

Last summer, the Treasury Department announced their intention to finalize new regulations for program-related investments (PRIs). This week, it published nine new examples of permissible PRIs. Treasury responded to continued requests of the philanthropic community, which recognized that the…

News from the Hill Charity Bill Introduced in Senate The Council is pleased to announce that this week, Senators John Thune (R-SD) and Ron Wyden (D-OR) introduced the Charities Helping Americans Regularly Throughout the Year Act (S.2750). This bill would: Express the sense of the Senate that…

News from the Hill House Tax Policy Subcommittee to Hold Next Tax Reform Hearing Chairman of the House Ways and Means Tax Policy Subcommittee Charles Boustany (R-LA) announced this week that the series of hearings on tax reform will continue, with the next hearing scheduled for Wednesday, April…

News from the Hill Hearing on Tax Reform Proposals Set for Next Week Chairman of the House Ways and Means Subcommittee on Tax Policy, Charles Boustany (R-LA) announced the first in what will be a series of hearings on potential approaches and proposals for tax reform. The hearing is scheduled for…

News from the Hill Chairman of House Veterans' Affairs Committee to Retire from Congress Representative Jeff Miller (R-FL-1) announced this week that he will not seek re-election at the expiration of his current term in office. First elected to the U.S. House of Representatives in 2001, Miller…

News from the Hill Congress Grows More Skeptical of Universities This Wednesday, the Ways and Means Oversight Committee held a hearing entitled: Protecting the Free Exchange of Ideas on College Campuses. Though the motivation for this hearing perhaps stemmed from previously expressed skepticism…

News from the Hill This Week in Tax Reform... Yesterday, the Brookings Institute held an event entitled Tax Policy in 2016: What’s New and What’s Next. Council Vice President for Public Policy Hadar Susskind attended this event, where keynote addresses were given by Ways and Means Chairman Kevin…

News from the Hill Congress was in recess this week, so updates from Capitol Hill have been relatively slow. However, much of the attention in Washington has turned toward the marble columns of the building across the street—the Supreme Court of the United States. This week, DC remembers Supreme…

News from the Hill POTUS Sends FY 2017 Budget Proposal to Congress On Tuesday, President Obama released his Fiscal Year 2017 Budget Proposal. The $4.1 trillion Budget sets forth the Administration’s spending and policy priorities for the coming year, including several provisions that have…

News from the Hill Ways & Means Working Toward Tax Reform Tax reform has been a hot topic among the House Ways and Means Committee this week. On Monday, the Committee met for a retreat to discuss priorities for 2016. Chairman Kevin Brady (R-TX-8) spoke later that day at the Heritage Foundation…

Dear Readers: The predictions of the DC area being buried in snow that we noted in last week’s Snapshot turned out to be very accurate! Despite the federal government being closed on Monday and Tuesday, that didn’t stop some Washingtonians from enjoying a day on Capitol Hill… News from the…

Dear Readers: Due to the predictions that many of us in the DC metro area are going to be buried in snow by the end of this week, we are sending Washington Snapshot to you a day early. For those of you who are also prepping for cold weather—stay warm! News from the Hill Upcoming Ways & Means…

News from the Hill POTUS Delivers his Final State of the Union Address In his final State of the Union address, President Obama spoke of his hope and vision for the future of the nation. Rather than listing specific policy plans, President Obama emphasized themes that harken back to the early…

Executive & Regulatory News Treasury, IRS Withdraw Proposed Rule for Gift Substantiation Yesterday, the Treasury Department and the IRS announced it has withdrawn the proposed rule that would have created an alternative way for charitable organizations to acknowledge and substantiate gifts…

Washington Snapshot will be taking a break for the next few weeks during the holidays. Our offices will be closed from December 25th—January 1st, but we wish all of our readers a happy and peaceful holiday with family and friends! Snapshot will return on Friday, January 8th. News from the Hill One…