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Holland & Knight LLP

Impact of the One Big Beautiful Bill Act on Tax-Exempt Organizations

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President Donald Trump signed into law the One Big Beautiful Bill Act (OBBB) on July 4, 2025, marking a victory for his administration's ability to advance major policy priorities in his second term domestic agenda, including...more

Fisher Phillips

How Will Non-Profits Be Impacted by the Big Beautiful Bill? Your Guide to Key Changes Affecting Charitable Giving, Excise Taxes,...

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President Donald Trump signed a massive budget bill last month – the “One Big Beautiful Bill Act” (OBBBA) – and it significantly impacts non-profits and tax-exempt organizations. While some of the new changes may be...more

Spilman Thomas & Battle, PLLC

The Academic Advisor - Education Law Insights, Issue 6, August 2025

Welcome to our sixth issue of The Academic Advisor for 2025. In this edition, we cover the following topics of interest for schools, institutions of higher education, and other education-focused organizations: - How the...more

Fisher Phillips

“One Big Beautiful” School Choice: Budget Bill Provides Key Tax Break That Could Help Your K-12 School

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The “One Big Beautiful Bill” passed by Congress and signed into law by President Trump last month includes a new federal tax credit program for donations that could significantly expand private school scholarship options if...more

McCarter & English, LLP

One Big Beautiful Bill Act Tax Law Updates–Private Educational Institutions and Nonprofits

On July 4, 2025, President Trump signed into law legislation commonly referred to as the “One Big Beautiful Bill Act” (OBBBA), which includes provisions that specifically affect private primary, secondary, and post-secondary...more

Foster Swift Collins & Smith

TEO Tax Update: New Credit for SGO Contributions

Introduction The One Big Beautiful Bill Act (Act) establishes a new federal tax credit for individual donations to Scholarship Granting Organizations (SGOs) serving U.S. elementary and secondary school students....more

Miller Canfield

One Big Beautiful Bill Effect on Schools

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The One Big Beautiful Bill (OBBB) includes some provisions relevant to private schools and donors who support K-12 education. The bill passed on July 3 and is expected to be signed by President Donald Trump by July 4. ...more

Venable LLP

Uptick in Proposed Legislation for School Choice Programs: Implications for Independent Schools and Private School Funding

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A hallmark of the Trump administration's education policy agenda, school choice programs aim to provide public funds to families to cover education-related expenses, including for independent school tuition. ...more

McCarter & English, LLP

House Tax Bill Provides Significant New Funding Sources for Private Elementary and Secondary Education

President Trump’s “One Big Beautiful Bill” (OBBBA) was narrowly passed in the House in May, and while there are many important aspects of the bill, there are provisions that may affect secondary and post-secondary...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 36 - March 2025

Unusually heavy traffic that stalled commutes to the Georgia State Capitol for many on Thursday morning may prove to be symbolic of the waning days of the 2025 Legislative Session. With many bills and resolutions still...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 28 - March 2025

Crossover Day coincided with Cattlemen’s Day at the Georgia State Capitol on Thursday, and the event known for its coveted steak biscuits brought a different type of celebrity this year. The Georgia Mobile Dairy Classroom,...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (2/24)

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Pritzker proposes $500M to turn state properties into development-ready sites - “A $500 million proposal by Gov. JB Pritzker to turn state-owned properties into shovel-ready real estate projects is part of a proposed $55.2...more

Holland & Knight LLP

A Look at the Upcoming Trump Administration's Policy Priorities

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President-Elect Donald Trump is poised to expand upon policies he implemented during his first term in office, such as those emphasizing limited government, states' rights and lower taxes. Additionally, it is anticipated that...more

Partridge Snow & Hahn LLP

Inflation Reduction Act Introduces Direct Pay Option for Nonprofit Solar

Under the Inflation Reduction Act (IRA), nonprofit entities, including nonprofit independent schools, are now eligible to receive payment in lieu of tax credits for solar photovoltaic (PV) systems. This extension of the IRA...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 40 - March 2024

Legislative Day 40 is a roller coaster, full of ups, downs, and zero gravity turns (also known as conference committee reports). One goes from celebrating a bill achieving final passage to lamenting a measure being gutted...more

Bowditch & Dewey

Help Paying for College – Federal Tax Credits

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Education income tax credits are one way students and parents can help pay for college. There are two types of federal tax credits available to taxpayers: the American opportunity tax credit (AOTC) and the lifetime learning...more

Venable LLP

Employee Retention Credit for Independent Schools

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Under the CARES Act and subsequent COVID-19 legislation, independent schools may be eligible for the Employee Retention Credit (ERC), a refundable payroll tax credit for employers, including independent schools, whose...more

Benesch

Governor DeWine Signs Two-Year State Budget

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Last week, Governor Mike DeWine signed the $74 billion state operating budget, which builds on the Governor’s vision for the future. The two-year spending bill (HB 110), includes nearly $162 billion in all funds...more

Amundsen Davis LLC

The American Rescue Plan Act Of 2021: What’s In It For Employers?

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Almost one year after the enactment of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), and with the second extension of pandemic unemployment assistance about to expire for millions of workers on March...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report — Legislative Day 16

The early morning began with Subcommittees of the House Appropriations Committee looking in earnest at the development of a spending plan for the state’s FY 2022. This work follows the news from earlier in the week of the...more

Bond Schoeneck & King PLLC

COVID-19 in the Workplace - PPP Update, COVID Plans from the Biden Transition Team, Higher Education Relief Package Provision,...

In these sessions, we not only summarize the week’s latest federal and state guidance, we will also offer insights on: - All aspects of employment law compliance - Paycheck Protection Program, tax credits and other economic...more

Lathrop GPM

Relief Is On the Way: The Second COVID-19 Relief Bill and What You Need to Know

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Just before midnight on December 21, 2020, Congress passed the Consolidated Appropriations Act of 2021 (the “Act”), a nearly 5,500 page stimulus bill allocating roughly $900 billon of much needed relief to United States...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – July 2020 #17

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In Washington - Senate Republicans delayed the release of their trillion dollar coronavirus relief package Thursday as they grapple with smoothing out policy disputes. ...more

Partridge Snow & Hahn LLP

How Nonprofits Can Benefit From The CARES Act - Summary of Provisions

On March 27, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"). The CARES Act benefits nonprofit organizations. The below summary contains highlights of several applicable...more

Balch & Bingham LLP

Summary of Coronavirus Aid, Relief, and Economic Security (CARES) Act

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On March 25, 2020, the Senate voted 96-0 to approve the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The House is expected to vote on this bill on Friday, March 27....more

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