Thursday, July 19, 2012

House Bill to Drop Threat to Nonprofit Postage

Nonprofit mailers can breathe a sigh of relief. The House Oversight and Government Reform Committee is going to remove reduction in the nonprofit postage discount from the pending Postal Service Reform Act before sending it to the House floor, according to a report from Independent Sector. The Senate has already passed a bill  version that would preserve the current nonprofit postage discount rate. In contrast, the House bill introduced by Rep. Darrell Issa (R-CA), Chairman of the House Oversight and Government Reform Committee, had a "cost-savings" provision reducing the discount rate for nonprofit postage by 5% each year for 6 years, effectively cutting the discount from 40% to 10% by 2018! For the full story, go to http://www.independentsector.org/nonprofit_postage_rates

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