Washington Snapshot will be taking a break next week during the August Congressional recess. We will return on Friday, August 26th. News from the Hill Your Lawmakers are in Their Home States & Districts! With Congress in recess, it has been a pretty slow news week on Capitol Hill. Instead of…

News from the Hill Delayed Release for Hatch Corporate Integration Proposal Our readers will recall that Chairman Orrin Hatch (R-UT) of the Senate Finance Committee was expected to release his corporate integration proposal before the August Congressional recess. As it turns out, the proposal was…

In response to the horrific attacks in Orlando, Council President and CEO Vikki Spruill and Board Chair Sherry Magill penned an open letter reaffirming the Council’s commitment to advancing diversity, equality, and inclusion in and beyond the philanthropic field, and to continue serving as a…

News from the Hill Senate Philanthropy Caucus Co-Chairs Encourage Colleagues to Join This week, the Senate Philanthropy Caucus Co-Chairs, Richard Burr (R-NC) and Chuck Schumer (D-NY) sent a Dear Colleague Letter encouraging their fellow Senators to join the caucus. They called for colleagues to “…

News from the Hill This Week in Tax Reform The discussion around tax reform is still alive and well, as demonstrated by hearings this week in both the House and the Senate. On Tuesday, Chairman Orrin Hatch (R-UT) of the Senate Finance Committee held a second hearing on corporate tax integration:…

Executive & Regulatory News Department of Labor Publishes New Rule on Overtime Regulations On Wednesday, President Obama and Secretary Perez announced the publication of the Department of Labor’s final rule updating the overtime regulations. The Council has been closely tracking this issue…

News from the Hill Corporate Tax Integration and Philanthropy: What Does it Mean? There has been a lot of buzz recently around the topic of corporate integration—prompted primarily by Senate Finance Committee Chairman Orrin Hatch’s (R-UT) intent to release a corporate integration proposal by the…

Since Congress is out of session this week, today’s edition of Washington Snapshot will be slightly abbreviated. Congress will return next week! News from the Hill Ways and Means Making Progress on Tax Reform Plan Ways and Means Chairman Kevin Brady (R-TX) recently indicated that a tax reform…

News from the Hill Chairman Hatch Continues Discussions on Corporate Integration As our readers know, Senate Finance Committee Chairman, Orrin Hatch (R-UT) has been talking for some time about releasing a proposal for corporate integration tax reform. Though the specifics of Hatch’s forthcoming…

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.…

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…