FREE column: Don't hurt charitable giving in Montana: "One-size-fits-all rules are rarely effective. Congressional acts are like operating with blunt instruments. Rarely do they result in precise, well-defined law. Unintended consequences and perverse incentives are the rule. This effort is no exception.
By enacting rules in response to a few particularly flagrant, widely publicized abuses, regulators would impose burdens of paperwork, record keeping and other costs on all nonprofits, regardless of size. This will likely result in costs that outweigh the benefits.
The impacts to Montana nonprofits will be particularly onerous. For example, compliance with the new rules will cost organizations at least $1,000 per year. With almost 9,000 nonprofits across the state, this means close to $9 million will be spent on compliance. This is money that will no longer be available for either charitable giving or operations.
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