In anticipation of tax reform being a primary policy focus in the 119th Congress, the AAFP has joined the American Society of Association Executives’ (ASAE) new coalition, named the “Community Impact Coalition,” which is dedicated to protecting the status of nonprofit 501(c)3 associations, like the AAFP and state chapters.
Many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) are due to expire in 2025 as well as key provisions of the Inflation Reduction Act (IRA). Given the large price tag associated with maintaining or expanding upon many of the tax provisions in both TCJA and IRA, Congress will be seeking ways in which to pay for any tax legislation that moves forward. There are concerns in the non-profit space that removing or greatly reducing the tax-exempt status of nonprofits will be one of the “pay-fors” that Congress could consider.
ASAE, of which AAFP is an active member, has stated it will be spending upwards of $1 million in strategic advocacy and communications. AAFP’s government relations staff is eager to work with the coalition and its diverse membership to underscore to Congress the vital role nonprofits play.
Separately, the AAFP also recently joined the Public Service Loan Forgiveness (PSLF) Coalition to advocate for regulatory and legislative actions to support and improve the PSLF program. This program provides student debt relief to individuals that serve at eligible non-profit institutions and are enrolled in certain federal student debt loan repayment programs. Many AAFP members are participants in the PSLF program, and even more members could benefit from the program if additional flexibility for the program were to be implemented.
For more information about membership in these two coalitions, contact This email address is being protected from spambots. You need JavaScript enabled to view it..