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NH Center for Nonprofits

Nonprofit Notes:
Advocacy Newsletter

Federal News
American Rescue Plan

The US Senate passed a budget resolution this morning that will allow the Biden Administration's $1.9 trillion American Rescue Plan to move forward with a simple majority vote. The full bill is expected to come up for debate in early March.
National Nonprofit Letter

The National Council on Nonprofits is calling on all nonprofit organizations to sign onto a national letter from the nonprofit sector.  The letter to President Biden and Senate and House Leadership calls for federal action to provide targeted relief to the nonprofit sector, to strengthen charitable giving incentives, to provide full unemployment benefit reimbursement, and to allow for aid to state and local governments. The NH Center for Nonprofits urges nonprofit leaders to sign on. 

State News
Financial Audit Requirement Bill
Senator Jay Kahn has sponsored Senate Bill 56. SB 56 proposes raising the threshold for a financial audit requirement charitable organizations from $1 million to $3 million. The NH Center for Nonprofits supported the proposal. "All New Hampshire nonprofits are required to register with and report to the DOJ’s Office of Charitable Trusts, noted the Center's CEO Kathleen Reardon in her testimony.  "In addition, all nonprofits with revenues over just $50,000 are required to file an annual form 990 with detailed accounting of finances... and (m)any nonprofits end up having to fundraise the costs associated with their annual financial audit." The Office of Charitable Trusts opposed the proposal.
Games of Chance Bill
Senator Tom Sherman proposed SB 23 that addresses the attendance of sponsoring charitable organizations at games of chance. Through an amendment, the Ways and Means Committee recommended dissolving the attendance requirement. The bill now heads to the full Senate for consideration.

Join us for a discussion with Speaker of the House Sherman Packard

The NH Center for Nonprofits' Capitol Exchange offers nonprofit professionals the chance to connect with our state's leading policy leaders. Our next guest will be Speaker of the House Sherman Packard.

Capitol Exchange with Speaker of the House Sherman Packard

Friday, February 19, 9:00-10:00am
Virtual Session, Free for all
Register Here
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