| Bill | HR 513 |
|---|---|
| Type of Legislation | House Bill |
| Congress | 116 |
| Source | View original on Congress.gov |
Geographic Scope
National
Description
Nonprofits Support Act
This bill modifies the requirements for determining the unrelated business taxable income of tax-exempt organizations. The bill repeals provisions that (1) require organizations with more than one unrelated trade or business to compute unrelated business taxable income separately for each trade or business; and (2) increase unrelated business taxable income by the amount of expenses paid or incurred by an organization for certain fringe benefits for which a tax deduction is not allowed, including benefits relating to transportation, parking, or an on-premises athletic facility.
Bill Title
Nonprofits Support Act
Linked Goals
Steps
- 2019-01-11: Referred to the House Committee on Ways and Means.
- 2019-01-11: Introduced in House
- 2019-01-11: Introduced in House
Projected Outcome
A more informed proposal or public response aligned with the Promote General Welfare goal.