June 27, 2002
Key Senate Committee Passes Legislation Aimed at Encouraging More People to Give to Charity
The Senate Finance Committee has passed a package of tax proposals that, if enacted into law, would have a major impact on charities and donors.
However, the measure, known as the Charity Aid, Recovery, and Empowerment (Care) Act of 2002, could have a tough time winning final passage.
The Senate has a crowded agenda this year, making the timing of a vote by all members difficult to predict. What's more, some lawmakers are
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