IHMM is a leader on two issues addressed here: the Tomorrow’s Workforce Coalition and legislation and the Community Impact Coalition. Both are updated below.
Tomorrow’s Workforce Legislation
The Freedom to Invest in Tomorrow’s Workforce Act, H.R. 1151 was reintroduced this week in the House of Representatives.
This legislation would expand qualified expenses under 529 savings plans to include postsecondary training and credentialing. It would provide valuable tax-advantaged resources to more workers pursuing career growth, mid-career changes, or alternative career pathways.
The bill is introduced by the long-time champion, Rep. Rob Wittman (R-VA), and has 5 Republican and 5 Democratic original cosponsors, continuing our bill’s tradition of bipartisanship.
- Importantly, the bill also has 7 cosponsors from the House Ways and Means Committee, the committee with jurisdiction over tax issues.
In addition to all of ASAE’s current efforts related to protecting tax-exempt organizations through the Community Impact Coalition, the Freedom to Invest in Tomorrow’s Workforce Act will strengthen the nation’s workforce for years to come through commonsense tax policy.
ASAE and the Tomorrow’s Workforce Coalition encourages you to take action and tell Congress to support this legislation and include this language in their larger tax package in 2025.
Community Impact Coalition
As Congress considers potential tax reform, the Community Impact Coalition (CIC) is intensifying its advocacy efforts to protect the tax-exempt sector. The coalition recently launched its website, www.cicoalition.org, serving as a central hub for resources and information on the critical role of tax-exempt organizations and the potential risks they face.
The website provides educational materials on the tax-exempt sector, explains the implications of current tax reform discussions, and emphasizes the importance of collective advocacy. Key resources available include:
- Coalition Launch Video – Now live on the landing page and YouTube, this video explains the stakes and why your support matters. Watch, share, and help spread the message.
- Coalition Toolkit – A downloadable resource with FAQs, an informational handout, and key messaging to help advocates communicate the coalition’s mission and rally support.
- Social Media Channels – Engagement is crucial to growing our impact. Follow, share, and tag us:
o Twitter/X: @CI_Coalition
o LinkedIn: Community Impact Coalition
o Facebook: Community Impact Coalition
The CIC underscores the vital role of tax-exempt organizations in providing essential services, supporting jobs, and strengthening communities. The coalition urges stakeholders to use the available resources, advocate effectively, and share information about this critical effort with their networks.
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