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March 2023 News
KY Lawmakers Exempt Business Events from Sales Tax
The Kentucky General Assembly and Gov. Andy Beshear have exempted business event organizers from charging sales tax to their exhibitors, a move applauded by the Exhibitions & Conferences Alliance (ECA) and hospitality leaders in the state. As of Jan. 1, a wide range of services in Kentucky had been subject Read more
McCarthy Wants to Restart Talks on Debt Limit
House Speaker Kevin McCarthy (R-CA) on Tuesday called on President Biden to return to the negotiating table on a budget and the debt ceiling. Not much has changed since McCarthy and Biden discussed the debt limit at the White House in early February. Republicans still want major spending cuts included Read more
ASAE Participates in GAO Panel to Examine Pandemic Risk
On March 6, ASAE public policy staff joined the Government Accountability Office (GAO) and other stakeholders to examine current, past and prospective options for pandemic related insurance coverage. ASAE joined as a representative of the Business Continuity Coalition (BCC). The CARES Act, passed in March 2020 to inject financial relief Read more
ASAE Hosts American Associations Day 2023
ASAE hosted 97 association leaders during American Associations Day, ASAE’s annual legislative fly-in event, on March 27-28 to advocate for bipartisan workforce development policy. Advocates from 18 states and the District of Columbia visited with 50 Congressional offices to build support for the Freedom to Invest in Tomorrow’s Workforce Act Read more
Power of Associations Awards Deadline is April 30
Just a reminder that applications are ASAE’s 2023 Power of Associations Awards are due by April 30. Associations are encouraged to apply and be recognized for their good works that benefit society. The Power of Associations Awards are offered in five categories: Community Support and Engagement, Diversity and Inclusion, Advocacy, Read more
Taxpayer Advocate Urges Congress to Reconsider IRS Funding Boost
The Taxpayer Advocate Service, an independent arm of the IRS, said this week that the agency’s $80 billion funding boost authorized by Congress last year is too skewed toward enforcement and doesn’t address the needs of U.S. taxpayers. Of the $80 billion in additional IRS funding, enacted as part of Read more
Global Meetings Industry Day is March 30
ASAE will join the annual worldwide recognition of Global Meetings Industry Day on March 30 to champion the benefits of professional meetings and events. GMID is powered by the U.S. Travel Association’s Meetings Mean Business coalition and spotlights the proven value that business meetings, conferences, conventions, trade shows and exhibitions Read more
‘529’ Expansion Bill Reintroduced in Senate, House
Sens. Amy Klobuchar (D-MN) and Mike Braun (R-IN) and Reps. Rob Wittman (R-VA) and Abigail Spanberger (D-VA) this week reintroduced the Freedom to Invest in Tomorrow’s Workforce Act, bipartisan legislation to allow Americans to use ‘529’ education savings accounts for skills training, credentialing and certification programs. Current law only permits Read more
Manchin Calls for Bipartisan Deal on Debt Limit
Sen. Joe Manchin (D-WV) today called for a bipartisan deal to raise the debt limit this spring to avoid a looming financial crisis. Congressional Republicans have been at loggerheads with Democrats and President Biden over raising the debt limit, with Republicans wanting major spending cuts included as part of any Read more
Senate Finance Likely to Support Werfel as IRS Commissioner
The Senate Finance Committee is meeting today and is likely to support Daniel Werfel, President Biden’s pick to serve as IRS Commissioner, setting up a confirmation vote by the full Senate. During a confirmation hearing last month, Werfel defended the agency’s additional $80 billion in funding authorized in the Inflation Read more
Lankford, Coons Introduce Bill to Expand Charitable Deduction
Sens. James Lankford (R-OK) and Chris Coons (D-DE) introduced bipartisan legislation this week to expand and extend the expired non-itemized deduction for charitable giving. The bill, called The Charitable Act, would allow all taxpayers who do not itemize to claim a deduction of up to one-third of the value of Read more
Ways and Means Approves Oversight Plan for 118th Congress
The House Ways and Means Committee this week passed an oversight plan for the 118th Congress on a party-line vote that includes aggressive scrutiny of the Internal Revenue Service (IRS), the Biden administration’s tax agenda and the tax laws, regulations and filing requirements that affect tax-exempt organizations. Ways and Means Read more