Legislation We are Monitoring

The Council continues to monitor legislation and legislative activity relevant to the broad philanthropic sector. Unless otherwise noted, the Council does not have a position on these bills. This page will be updated regularly as information is available.

To stay up to date on the latest information, sign up for Washington Snapshot. And Council members can join the Council’s Public Policy Action Network, which meets every other month to hear policy updates and discuss upcoming advocacy opportunities.;

119th Congress

Legislation We Support

Charitable Act (H.R.801)/ (S.317): Establishes a charitable deduction for taxpayers who do not itemize their taxes set at up to one third the standard deduction for tax years 2026 & 2027. It was introduced by Rep. Blake Moore (R-UT), Rep. Danny Davis (D-IL), Sen. James Lankford (R-OK), Sen. Chris Coons (D-DE), and a bipartisan group of cosponsors.
- The Council supports this bill. Take our Action Alert and ask your members of Congress to cosponsor.

Legislation We Are Monitoring

Endowment Tax Fairness Act (H.R.446): Raises the excise tax on the endowment profits of private colleges and universities with endowments larger than $250 million to 21 percent from the current 1.4 percent. It was introduced in the House by Reps. Troy Nehls (R-TX) and Lauren Boebert (R-CO).
Permanent Tax Cuts for America Families Act (H.R.523): Creates a permanent increase to the standard tax deduction for taxpayers who do not itemize their taxes and requires the deduction amount to be adjusted each tax year for inflation. It was introduced in the House by Rep. Max Miller (R-OH) and a group of 11 Republican cosponsors.
Higher Education Accountability Tax (HEAT) Act (H.R.1006): Increases the excise endowment tax on colleges and universities to 10 percent and lowers the threshold to include universities with endowments over $250,000 per student. It was introduced in the House by Reps. David Joyce (R-OH) and Nicole Malliotakis (R-NY).
Retirement Fairness for Charities and Educational Institutions Act (H.R.1013): Allows 403(b) retirement plans to invest in collective investment trusts (CITs). It was introduced in the House by Reps. Frank Lucas (R-OK), Josh Gottheimer (D-NJ), Bill Foster (D-IL), and Andy Barr (R-KY).
Fixing Exemptions for Networks Choosing to Enable Illegal Migration (FENCE) Act (S.497): Revokes the tax-exempt status of nonprofits engaging in a consistent pattern of providing financial or material support to undocumented immigrants. It was introduced in the Senate by Sen. Bill Haggerty (R-TN).
Protecting Federal Funds from Human Trafficking and Smuggling Act (H.R.1168 ): Prohibits nonprofits from receiving federal grants or contracts until they certify they are not engaging in human trafficking or smuggling; requires organizations to submit such a certification before obtaining 501(c) status; and would require nonprofits distributing federal, state, or local benefits to verify the immigration status of individuals receiving such benefits. It was introduced in the House by Rep. Lance Gooden (R-TX) and 10 Republican cosponsors.