Hurricane Katrina Tax-Relief Legislation and Senate Finance Subcommittee Hearing on "Charities on the Frontline: How the Nonprofit Sector Meets the Needs of America's Communities"

There has been some significant activity in Congress over the past couple of weeks on tax issues affecting the charitable sector. On September 21, 2005, Congress enacted temporary tax relief legislation related to Hurricane Katrina. There are several temporary provisions in this legislation that support charitable giving. Also, on September 13, 2005, the Senate Finance Committee’s Subcommittee on Social Security and Family Policy held a hearing in which the CARE Act and charitable reform proposals were discussed.

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