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Insights & Resources
The Journey to Enact Legislation with Mark Micali: Universal Charitable Deduction
March 8, 2023
Last week, on February 28, 2023, Senators James Lankford (R-OK) and Chris Coons (D-DE)introduced S. 566, The Charitable Act. The Senators' legislation is the latest step on the long journey of the Universal Charitable Deduction, which expired over a year ago on December 31, 2021.
Legislative Round-Up | February 2023
February 28, 2023
Tomorrow Senators James Lankford (R-OK) and Chris Coons (D-DE) will introduce legislation to restore and expand the non-itemizer charitable tax deduction - also known as the Universal Charitable Deduction. This legislation is intended to restore the Universal Charitable Deduction of $600 for married couples filing jointly and $300 for single tax filers that expired on December 31, 2021.
Congressional Spotlight: Senator Susan Collins (R-ME)
February 28, 2023
The Nonprofit Alliance has worked closely with Senator Susan Collins of Maine. We know her best for her leadership alongside Senators James Lankford (R-OK) and Chris Coons (D-DE) on legislation to create a Universal Charitable Deduction open to all taxpayers, regardless of their level of income when supporting 501(c)3 charitable causes. This important legislation expired at the end of 2021, but will be re-introduced on Wednesday and Senator Collins will again be active in supporting this measure.