Publications & Products
October 2017
Volume 15 Issue 10

U.S. Federal Relations News October 2017

Walker Introduces Universal Charitable Giving Act

State Relations Leaders in California, Georgia, Recognized for their Work

 

Walker Introduces Universal Charitable Giving Act

On Oct. 5, Rep. Mark Walker (R-NC) introduced the Universal Charitable Giving Act of 2017 (H.R. 3988), legislation that would allow non-itemizing taxpayers to deduct charitable gifts. The bill would limit the deduction for non-itemizers to one-third of the standard deduction threshold.

Currently, only the roughly 30 percent of U.S. taxpayers who itemize their tax returns can benefit from the charitable deduction. H.R. 3988 would allow the 70 percent of U.S. taxpayers who do not itemize their tax returns to deduct charitable gifts up to a cap of one-third of the standard deduction threshold. At current levels, non-itemizing individuals would be able to deduct up to $2,100 and non-itemizing married couples would be able to deduct up to $4,200 in charitable gifts under H.R. 3988.

In a statement, Rep. Walker highlighted the importance of providing a charitable giving incentive to all U.S. taxpayers. "The Universal Charitable Giving Act incentivizes charitable giving for low and middle income taxpayers. It would allow everyone to deduct charitable giving, regardless of itemizing status."

The impact of H.R. 3988 could be even more significant if congressional Republicans successfully pass a tax reform package that includes a doubling of the standard deduction. The caps would jump to $4,000 for individuals and $8,000 for married couples under the Republican tax reform plan. And more Americans are projected to become non-itemizing taxpayers with tax reform.

The Charitable Giving Coalition released a statement praising Rep. Walker for introducing H.R. 3988, noting that it is a good starting point for ensuring that charitable giving is not harmed by tax reform. The coalition is concerned about the potential impact of the limitation included in the bill.

CASE members can stay up to date on the latest news related to tax reform by joining the CASE Advocacy Network.

 

State Relations Leaders in California, Georgia, Recognized for their Work

CASE has announced the two recipients of its 2017 Service Awards in State Government Relations.

Dene Sheheane, vice president of government and community relations for the Georgia Institute of Technology, is the recipient of the Marvin D. "Swede" Johnson Achievement Award. Tim Farley, director, government and community relations at Saint Mary's College of California, will receive the 2017 Edwin Crawford Award for Innovation.

The honorees will be recognized at an awards luncheon on Dec. 7, 2017, at the 2017 Higher Education Government Relations Conference in San Diego, California.