MERIDEN, CT -- Yesterday, the 5th Circuit U.S. Court of Appeals released a 2-1 decision that threatens the entire Affordable Care Act (ACA). The decision threatens the affordability of and access to coverage for anyone under age 65 living with a pre-existing health condition.
HARTFORD, CT -- CCP follows up on bills SB1137 and SB38, that would have levied new taxes on nonprofits with endowments, pension accounts, or significant savings accounts.
CCP's Policy Update includes links and information relevant to the CT philanthropic community, including: Governor Lamont's state budget proposal and the Nonprofit Alliance's analysis, news on Census 2020 in Connecticut, an update on impacts of the new tax law, and information on federal universal charitable deduction bills.
WASHINGTON, DC -- The U.S. Treasury Department on Thursday issued new rules aimed at preventing taxpayers in Connecticut and other high-income and high-cost states from avoiding a new cap on the deductibility of their state and local taxes. The Internal Revenue Service said in May it would move to thwart the workaround Connecticut, New York, New Jersey, California and a number of other states have taken to avoid the new cap on these popular deductions.
HARTFORD, CT -- The Connecticut Council for Philanthropy's public policy update from the Septeber 7, 2017 ebrief includes information about Deferred Action for Childhood Arrivals (DACA); a RALLY to Protect Nonprofit Services; and the State Charity Officials Letter to Congress: Keep the Johnson Amendment.
CCP President Maggie Gunther Osborn comments on thoughts from Maya Rhodan, TIME contributor and journalist, as a way to highlight the reality of the government shutdown and its impact on communities and people.
WASHINGTON, DC — More than 250 philanthropy leaders from across the nation, including five representing Connecticut philanthropy, are gathering on Capitol Hill starting today to urge lawmakers to value and strengthen charitable giving in America. Their meetings are part of Foundations on the Hill, a multi-day event presented by the Forum of Regional Associations of Grantmakers in partnership with the Council on Foundations and the Alliance for Charitable Reform.