Neither the House nor the Senate are in Washington D.C. this week. Both chambers return next week.
Sector Letter to Ways and Means Committee
Earlier this week, the Council partnered with Independent Sector, National Council of Nonprofits, and United Philanthropy Forum to send a letter to the Ways and Means Committee detailing our concerns with H.R.8290 and H.R.8293. Our team continues to monitor this and all legislation impacting the sector, and we will provide updates in future editions of Snapshot. Contact govt@cof.org or reply to this email if you have questions.
The EDA and the Department of Agriculture released a guide detailing rural economic development opportunities in both English and Spanish. Nonprofits are eligible for many of these programs, as are state, local, and Tribal governments.
Every year, legislatures consider adjusting sales and property tax exemptions affecting charitable nonprofits. 2024 is no different. Maine recently enacted legislation exempting 501(c)(3) nonprofits from sales taxes on purchases of property or services used primarily for the purpose for which the organization was organized. Provisions in Minnesota and Mississippi tax bills seek to remove property tax exemptions from certain charitable organizations unless the properties’ use is in the furtherance of the tax-exempt purpose.
Time is running out for charitable nonprofits to access State and Local Fiscal Recovery Funds (SLFRF). Many governments still have unobligated (written agreements or commitments to spend) SLFRF resources, and decisionmakers continue to debate how to allocate remaining funds before December 31, 2024. Foundations have played a role in helping grantees and communities access SLFRF and can continue to use their resources to leverage these funds to have a greater impact in communities.
Please feel free to reach out to any of us on the Government Relations Team with comments or concerns, or to share an issue, article, event, or op-ed you would like to see covered in a future Washington Snapshot.
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