Continuing Resolution Passed by Senate
The U.S. Senate passed a one-week continuing budget resolution last night that extends temporary funding for the federal government through next Friday, December 23. The U.S. House of Representatives had passed it on Wednesday, and President Biden is expected to sign it into law today. Without passage of this kind of act, the funding for the federal government would have expired after today. The Senate is drawing to the end of their business for the year and is scheduled to go into recess next week, which gives Congress has until next Friday either to:
1. Approve an omnibus appropriations bill for the remainder of the federal fiscal year (through September 30, 2022); or
2. Pass another continuing budget resolution to fund the federal government through a date in early 2023. That would give the incoming Congress an opportunity to work out the details of a full government appropriations bill.
Our contacts in Washington DC indicate that the first option appears the most likely to happen. Congressional leaders have said they are close to finalizing negotiations on details of an omnibus spending bill.
Call for Charitable Giving Incentives Restoration
Yesterday, NAO sent a message to Senator Wyden (OR-D) and Chair of the Senate Finance Committee, asking for the Senate to quickly pass the Omnibus spending bill and include key charitable giving incentives that were not extended after at the end of 2021. An omnibus appropriations bill provides the opportunity for Congress to enact a variety of appropriations and policy changes that could benefit nonprofits and the people they serve, including new or increased appropriations, one-time funding opportunities for nonprofit organizations, and tax law changes.
Included in our message was a request for several key nonprofit priorities:
1. Charitable nonprofits are still reeling from years of significantly increased demand for services and unstable or declining resources;
2. The charitable giving incentives enacted by Congress, especially the Universal Charitable Deduction, helped nonprofits meet those needs and maintain services until the incentives expired at the end of 2021; and
3. We asked that Congress immediately restore and extend the charitable giving incentives through 2023 to provide support for nonprofits now while giving Congress time to consider permanent solutions.
Please join us in contracting Senator Wyden and Senator Merkley in requesting these key provisions be extended. Contacts for both can be found here.
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