H.R.3323: Nonprofit Relief Act of 2019

H.R. 3323 would repeal the new tax that requires nonprofits to treat every unrelated business (UBIT) revenue stream as a separate “trade or business” that may not be aggregated with other profits and losses to reduce tax liabilities. The bill would also extend the paid leave tax credit to tax-exempt organizations and change the tax treatment of mileage reimbursements to volunteers, so they are not subject to federal and state income taxation.

UBIT repeal was incorporated into the National Law Enforcement Museum Commemorative Coin Act, which became law in December of 2019.