Exempt Organizations Advisory - Oversight Subcommittee Schedules Hearing on Tax-Exempt Charitable Organizations
July 10, 2007By: Catherine W. Wilkinson (cwilkinson@steptoe.com)
Suzanne Ross McDowell (smcdowell@steptoe.com)
On July 24, the House Ways and Means Oversight Subcommittee will hold an overview hearing on tax-exempt organizations, which will focus on charities and foundations described in Internal Revenue Code section 501(c)(3). The Subcommittee will review the overall state of the sector, including activities and measures for ensuring public accountability and good governance.
In announcing the hearing, Subcommittee Chairman John Lewis (D-GA) stated: "The volunteers and organizations that make up the charitable community work day after day providing services to our communities that are critical to all Americans and essential to the well-being of our Country. The Congress and the public must continue to support this community. I look forward to beginning a dialogue about the important role charities play in American life. The Subcommittee will continue its review of tax-exempt issues throughout the 110th Congress, including charities' efforts to assist diverse communities and other specific areas of concern."
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