Georgia Chamber speaks out against cap on political activities – Atlanta Business Chronicle

6
Mar

Georgia Chamber speaks out against cap on political activities – Atlanta Business Chronicle

The Georgia Chamber of Commerce is speaking out against a proposed limit on political activities by tax-exempt organizations.

The proposal would limit political activities to 5 to 15 percent of groups’ overall efforts. It’s been criticized by the left and right. The proposal was first floated in November. “This proposed guidance is a first critical step toward creating clear-cut definitions of political activity by tax-exempt social welfare organizations,” said Treasury Assistant Secretary for Tax Policy Mark J. Mazur.Click here to read more about it.

But in a Feb. 27 letter to the Internal Revenue Service, Chris Clark, president and CEO of the Georgia Chamber, says the chamber’s policy advocacy could be affected by the proposed cap.

via Georgia Chamber speaks out against cap on political activities – Atlanta Business Chronicle.

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