Monday, October 03, 2005

Association of Fundraising Professionals | U.S. public policy issues | U.S. federal issuesCARE ACT INTRODUCED IN HOUSE AND SENATE

Association of Fundraising Professionals | U.S. public policy issues | U.S. federal issues: "CARE ACT INTRODUCED IN HOUSE AND SENATE

(Oct. 3, 2005) The Charity Aid, Recovery and Empowerment (CARE) Act, S.1780, was reintroduced by Sens. Rick Santorum (R-Pa.) and Joseph Lieberman (D-Conn.) on Sept. 28, 2005.

Reps. Roy Blunt (R-Mo.) and Harold Ford (D-Tenn.) introduced companion legislation, H.R. 3908, in the House. The two bills are very similar to the CARE Act that was introduced in 2003 and include charitable giving incentives such as the IRA rollover and non-itemizer deduction."

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