Amid Coronavirus, ASAE Urges White House to Support Associations

On Friday, White House economic adviser Larry Kudlow told CNBC that the White House is considering federal support to help industries and workers impacted by coronavirus (COVID-19). In response, ASAE sent a letter to the White House urging the Trump Administration to include associations in financial support to the travel and tourism industry as a result of COVID-19). In the letter,… Read more »

Support the Freedom to Invest in Tomorrow’s Workforce Act

Freedom to Invest in Tomorrow’s Workforce Act H.R. 5339, the Freedom to Invest in Tomorrow’s Workforce Act, would allow 529 savings accounts to be used for workforce training, certification, and other credentialing program costs. This bipartisan bill, introduced by Reps. Abigail Spanberger (D-VA) and Rob Wittman (R-VA), would provide valuable tax-advantaged resources for individuals pursuing… Read more »

House Passes Repeal of Nonprofit Benefits Tax

Today, the U.S. House of Representatives passed a government funding package that includes repeal of the 21-percent unrelated business income tax (UBIT) on nonprofit parking and transit benefits. The legislation is expected to pass the U.S. Senate and must then be signed by the President to become law. While we are not quite over the… Read more »