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Sens. Coons, Lankford & Rep. Walker Re-introduce LIFT for Charities Act

March 06, 2019 2:53 PM | Philanthropy Delaware, Inc. (Administrator)

Senators Chris Coons (D-DE), James Lankford (R-OK), and Rep. Mark Walker (R-NC) today re-introduced bipartisan, bicameral legislation to protect churches, charities, and other nonprofit organizations from a provision in the tax law that would tax some employee benefits for the first time. The Lessening Impediments from Taxes (LIFT) for Charities Act, would repeal a section of the tax code that requires some tax-exempt organizations to pay federal taxes on employee benefits, like parking, meals, or transportation benefits.

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