October 15, 2009

Senate Bill Would Give Small Charities a Tax Credit to Offer Health Insurance

Max Baucus

Chairman of the Senate Finance Committee, Max Baucus.

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Chairman of the Senate Finance Committee, Max Baucus.

By Suzanne Perry

Small charities would receive a tax credit to help them provide health insurance to their employees, under a bill that the Senate Finance Committee was working on last week.

Two other proposed provisions related to nonprofit work were not included in the measure under consideration: a move to limit the tax break for charitable donations for some wealthier donors to pay for health-care changes, and a measure to alter how nonprofit groups justify their pay levels.

The tax