State Budget 2016

 

On May 19, the House of Representatives gave final approval to its version of the state budget (H.B. 1030) for FY 2016-17. Overall, the House budget, which passed with a 103-12 vote, would maintain or increase most state funding for nonprofits. Some highlights for nonprofits include:

Federal Tax Reform

 

As Congress considers major tax reform in 2017, it is likely to revisit tax incentives for charitable giving. The Center recently sent a letter to all of North Carolina's members of Congress encouraging them to preserve or expand incentives for charitable giving as they contemplate tax reform this year.

Election Law Changes and Nonprofits

 

In August 2013, the N.C. General Assembly passed H.B. 589, the Voter Information Verification Act (VIVA), which makes several significant changes to North Carolina’s election laws.  Legislators made important changes to this law in June of 2015.  Because nonprofits are among the most trusted institutions in their communities, it is important that they provide accurate, nonpartisan information to their staff, volunteers, and those they serve about the election process.