Bipartisan Charity Bill Would Make DAFs Eligible for Rollovers

Bipartisan Charity Bill Would Make DAFs Eligible for Rollovers

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Some or all of these provisions could be included in tax legislation later this year, although comprehensive tax reform is unlikely to emerge from the current Congress.

Still, “it is good to get the legislative language out there to let the vetting process begin,” David Thompson, vice president of public policy at the National Council of Nonprofits, said in a statement to The NonProfit Times.

“It lays down the marker that these issues are nonpartisan and solid policy, and dares anyone who disagrees to come forward. And it gives nonprofits and foundations the opportunity to point to positive policy solutions rather than anticipate and/or challenge bad ideas.”

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