Submission in Response to June 2004 Discussion Draft of the Senate Finance Committee

Testimony

Submission in Response to June 2004 Discussion Draft of the Senate Finance Committee

July 15, 2004

In response to a Senate Finance Committee Staff Discussion Draft of June 21, 2004, comments were submitted supporting those proposals that would improve charity operations in three ways: (1) by freeing the Service to share information with State regulators; (2) by expanding the information relating to good governance practices to be reported on the Form 990, both to educate the charity and to inform the public; and (3) by increasing funding to the Service for increased enforcement of and education about existing Federal tax laws, and by providing revenue to the States for enforcement and education.

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