The Chronicle, 9/22/2005: New Tax Breaks for Hurricane Relief Efforts Fall Short, Critics Say

The Chronicle, 9/22/2005: New Tax Breaks for Hurricane Relief Efforts Fall Short, Critics Say: "New Tax Breaks for Hurricane Relief Efforts Fall Short, Critics Say

By Elizabeth Schwinn
Washington

Congress passed several tax breaks designed to encourage donors to give to hurricane-relief efforts.

But many nonprofit leaders were frustrated that the measure did not include provisions that might do more to help charities raise money, especially for long-term hurricane-recovery efforts.

While the Senate initially passed a provision that fund raisers had long sought -- to allow people to give money in their individual retirement accounts to charity tax-free -- it was deleted from the final version of the bill approved by the House and the Senate."