Act Now to Extend the IRA Charitable Rollover (June 11, 2009)
Washington, D.C. - If Congress does not act this year, the IRA Charitable Rollover provision will expire on December 31. In this tough economy, every incentive for charitable giving is essential to supporting America’s nonprofit community. The IRA Rollover spurs new and increased giving to orchestras and thousands of other nonprofit organizations. Please act now by asking your Senators and Representatives to co-sponsor the Public Good IRA Rollover Act.
The provision, which allows donors to make tax-free charitable contributions directly from their Individual Retirement Accounts (IRA), was enacted in August 2006, expired in December 2007, and was reinstated in 2008. Growing the list of House and Senate co-sponsors for this measure can help ensure that Congress will include the IRA Rollover in any package of tax extenders it creates this year.
Contact Your Members of Congress Today!
The League is a member of the Performing Arts Alliance, a coalition of national performing arts service organizations dedicated to advocating for national policies that recognize, enhance, and foster the contributions the performing arts make to America.