HARTFORD, CT -- CCP Policy Update - Learn about the new tax changes affecting philanthropy and nonprofits.
Tax and Regulatory Issues
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.
HARTFORD, CT — Every four years since 1965, nonprofits have been required to remind municipal tax assessors why they should be exempt from property taxes. But according to a member survey conducted by the Connecticut Community Nonprofit Alliance, municipalities have been denying those tax exemptions on an increasing basis. About two thirds of the 35 nonprofits responding to the survey said their properties - which had a history of being tax exempt and had no changes of use - were suddenly being denied tax exemptions in 44 towns.
View updates and analysis on the 2-year state budget bill and the Tax Cuts & Jobs Act tax bill introduced in the House last week.
HARTFORD, CT -- A letter on behalf of the CCP board and signed by Judith Meyers, CCP Board Chair, and Frances Padilla, CCP Chair of the Government Relations and Policy Committee, expressing CCP's strong opposition to legislation that would repeal the Johnson Amendment, was published in the CT Mirror's CT ViewPoints.