Article Archives >> Lead Stories >> July 1-15, 2006

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Grassley Continues to Push
Charity Reform Provisions

Attaches provisions to telephone tax repeal bill,
urges IRS to implement more oversight

Senate Finance Committee Chairman Chuck Grassley (R-IA) continues to press for charity reforms from Congress and has attached a series of measures to the pending Telephone Excise Tax Repeal legislation.

He has also pressed the IRS for time-tables for increasing oversight and enforcement of existing regulations in areas of concern to him and the Committee.

In a statement issued June 28, Grassley talked openly about inappropriate political activity by charities aligned with lobbyists like Jack Abramoff and other “special interests.” Grassley’s provision would double the fines applicable to charities that engage in inappropriate political or lobbying activity. (The Joint Committee on Taxation estimates that the increase would have a financial impact of less than $500,000 a year.)

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Article Archives >> Lead Stories >> July 1-15, 2006




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