On June 16, the Senate Finance Committee released its draft portions of “The One Big Beautiful Bill Act,” following passage by the House of its version of the bill on May 22. Like the House bill, the Senate proposal includes...more
6/19/2025
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Charitable Deductions ,
Charitable Organizations ,
Colleges ,
Educational Institutions ,
Excise Tax ,
Executive Compensation ,
Proposed Legislation ,
Senate Finance Committee ,
Tax Exempt Entities ,
Tax Legislation ,
Tax Rates ,
Tax Reform ,
Universities
On May 22, 2025 the House of Representatives passed its version of the “One Big Beautiful Bill Act” (the “BBB”). As described in our prior Alert, the proposed package includes several key provisions of particular importance...more
5/23/2025
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Congressional Committees ,
Excise Tax ,
Legislative Agendas ,
Nonprofits ,
Private Foundations ,
Proposed Legislation ,
Senate Finance Committee ,
Tax Exemptions ,
Tax Reform ,
Taxation ,
U.S. Treasury ,
Unrelated Business Income Tax ,
Ways and Means Committee