Baucus Announces Hearing to Seek Ways to Efficiently Stimulate Charitable Giving

Baucus Announces Hearing to Seek Ways to Efficiently Stimulate Charitable Giving

News story posted in Legislative on 14 October 2011| comments
audience: National Publication | last updated: 14 October 2011
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Summary

Senate Finance Committee Chairman Max Baucus (D-Mont.) will convene a hearing on Tuesday to consider how tax reform can efficiently stimulate charitable giving. The hearing, titled "Tax Reform Options: Incentives for Charitable Giving," will take place at 10:00 a.m. on Tuesday, October 18, in Room 215 of the Dirksen Senate Office Building. This hearing is the latest in a set of hearings being held this fall to examine various segments of the economy and tax code.

Full Text:

BAUCUS TO SEEK WAYS TO EFFICIENTLY STIMULATE CHARITABLE
GIVING AT TAX REFORM HEARING

October 12, 2011

Washington, DC -- Senate Finance Committee Chairman Max Baucus (D-Mont.) will convene a hearing on Tuesday to consider how tax reform can efficiently stimulate charitable giving. The hearing, titled "Tax Reform Options: Incentives for Charitable Giving," will take place at 10:00 a.m. on Tuesday, October 18, in Room 215 of the Dirksen Senate Office Building. This hearing is the latest in a set of hearings being held this fall to examine various segments of the economy and tax code.

At the hearing, Baucus and the witnesses will evaluate issues surrounding the charitable giving tax deduction, including how effective it is at stimulating charitable giving and to what extent non-profits benefit from the deduction.

Witnesses at Tuesday's hearing include:

    Dr. Frank Sammartino, Assistant Director For Tax Analysis, Congressional Budget Office
    Elder Dallin H. Oaks, The Quorum of the Twelve Apostles, The Church of Jesus Christ of Latter-day Saints
    Dr. Eugene Steuerle, Richard B. Fisher Chair and Institute Fellow, The Urban Institute
    Mr. Brian A. Gallagher, President and CEO, United Way Worldwide
    Mr. Roger Colinvaux, Associate Professor, The Catholic University of America, Columbus School of Law

Who:

    Senate Finance Committee
    U.S. Senator Max Baucus (D-Mont.), Chairman

What:

    Hearing on tax reform and charitable giving

Where:

    Dirksen Senate Office Building
    215 Washington, D.C. 20510

When:

    Tuesday, October 18, 2011
    10:00 a.m.

Media are encouraged to attend the hearing or to view the webcast and witness testimony at http://finance.senate.gov/hearings

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