* June 22 hearing on nonprofits at the Senate Finance Committee * House Bill on IRS Rollovers * Emily's List asks the Federal Election Commission to reconsider its controversial Advisory Opinion 2003-37 Senate Finance Committee Hearing On June 1, Senate Finance Committee Chair Charles Grassley (R-IA) and Ranking Member Max Baucus (D-MT) announced a hearing on charitable giving problems and best practices. The announcement said the hearing, scheduled for the morning of June 22nd, will address governance and best practices of charities, charities accommodating tax shelters, donor gifts of tangible and intangible property and current problems and issues in the charitable community. IRS Commissioner Mark Everson told the IRS's Advisory Committee on Tax-Exempt and Government Entities that he has "great concern" about abuse of the tax system, and discouraging abuse by charities is one of his four major priorities. Charities that wish to submit statements for the record at the hearing can send them to: Senate Committee on Finance Attn: Editorial and Document Section Room SD-203 Dirksen Senate Office Building Washington, DC 20510-6200 IRS Rollover Bill Introduced A new bill to allow taxpayers age 59 1/2 or older to make tax-free charitable contributions from rollover of individual retirement accounts has been introduced by three members of the House Ways and Means Committee. Reps. Phil Crane (R-IL), Earl Pomeroy (D-ND) and Jim Ramstad (R-MN) introduced HR 4488 on June 2. A similar provision is included in the CARE Act, which has passed both houses of Congress but is stalled at the conference committee stage. Emily's List Asks FEC to Reconsider Advisory Opinion The political action committee Emily's List wrote the Federal Election Commission (FEC) on June 7 asking that it withdraw its controversial Advisory Opinion 2003-37, Americans for a Better Country. The request said the FEC's subsequent decision to delay action on a proposed regulation redefining political committees was a rejection of many of the legal positions in the Advisory Opinion.