CCP Public Policy Update: New Tax Changes
Release Date:
01/02/2020
... grants in one year to assist with emergencies such as an economic downturn or for disaster relief. The new rate is ...
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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.
Read the letter that Connecticut Council for Philanthropy delivered to political leaders in Congress and shared with leaders in the state, about preserving the Johnson Amendment "Protect the integrity of America’s nonprofit sector by maintaining the current law that keeps politics and campaign contributions out of the work of charities."