Tax Extenders | Independent Sector: LATEST NEWS
Ways and Means Subcommittee holds hearing on tax extenders
On April 26 the House Ways and Means Select Revenue Measures Subcommittee held a hearing on the expiring and expired tax extenders. Testimony was limited to House members who had introduced or co-sponsored legislation related to the tax provisions during the 112th Congress. Several House members testified in favor of the charitable tax extenders, including Rep. Wally Herger (R-CA), sponsor of legislation (H.R. 2502) to expand and make permanent the IRA charitable rollover, who said that “maintaining incentives for charitable giving is especially important in tough economic times.” Subcommittee Chairman Pat Tiberi (R-OH) said the hearing begins the process of reviewing the merits of the provisions, but noted that passing a tax extenders package is unlikely before the November elections.
Read the IS statement and learn more about how to submit a statement or comments for the record. Statements will be accepted through May 10, 2012.
No comments:
Post a Comment