Catholic Law Professor Roger Colinvaux was recently quoted in Law360 regarding the COVID-19 economic stimulus bill and its potential to expand donor incentives.
Law360
By: Alan K. Ota
Date: March 26, 2020
COVID-19 Bill Adds Momentum to Expand Donor Incentives
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Colinvaux said in an email that it was hard to predict how much the crisis will affect taxpayer behavior, but he added that economic uncertainty would ensure that “charitable giving budgets for this year undoubtedly will take a hit.” In the future, he said, lawmakers could explore a different approach, such as setting a $250 donation threshold, or floor, with an above-the-line deduction for the next $300 in charitable gifts.
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