WASHINGTON, DC -- Tim Delaney, chief executive of the National Council of Nonprofits, comments on the recent legislation compromising nonprofits. Across the country, state lawmakers are introducing measures like these that trample on nonprofits’ constitutional rights — seeking to invade our boardrooms, muzzle what we say, and control how we spend our funds and run our programs.
Tax and Regulatory Issues
HARTFORD, CT -- Connecticut Bar Foundation Presidemt James T. "Tim" Shearin, recently commented on supporting Senate Bill No. 428 in its entirety, as the best way to avoid further reductions in legal services to the poor.
NEW HAVEN, CT -- The legislature's tax-writing committee Thursday approved a bill that would allow New Haven to begin taxing commercial property owned by Yale, but let die a controversial bill backed by the leader of the state Senate that would have allowed the state to tax the earnings of the Ivy League university's multi-billion-dollar endowment. Yale has opposed both bills.
NEW HAVEN, CT -- New Haven Register chimes in on the proposed SB 413 bill that would levy an unrelated business income tax on increases to higher education endowments that exceed $10 billion and targets Yale University.
HARTFORD, CT -- The Public Policy Update for March 2016 features National and State updates on issues important to philanthropy including the Foundation on the Hill, the Working Cities Challenge - Connecticut, CT Budget Focus and Proposed Bills Taxing Nonprofits.
NEW HAVEN, CT -- Will Ginsberg, president & CEO of The Community Foundation for Greater New Haven, writes to CT State Senator for the 11th District, Martin Looney, and CT State Representative for the 96th District, Roland Lemar, about his concerns with the State Legislature's proposed bill SB413.