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As things move quickly in Washington, DC, NACUBO is your constant advocate in action. NACUBO On Your Side covers important legislative and agency activity NACUBO staff are tracking, what we’re currently advocating for, and how you can take action with us.

Here are the issues we are tracking and advocating for this week.

Research

EDUCAUSE Poll Examines Supply Chain Disruptions
A recent EDUCAUSE QuickPoll delved into the ways that ongoing supply-chain disruptions have impacted colleges and universities. While the study primarily focuses on issues closely related to IT, survey respondents were asked about impacts that disruptions have caused, including those to fiscal operations, workforce, and HEERF spending. 

Agency Action

ED to Host Training Conference Online
The Department of Education will be hosting its Federal Student Aid Training Conference November 29–December 2. The online event includes keynotes from ED leadership as well as breakout sessions addressing financial aid compliance. While there is no registration fee, those interested in attending should register in advance.

VA to Replace Aging VA-ONCE System
In 2023, the Department of Veterans Affairs will implement Enrollment Manager, a new system that will replace VA-ONCE, to assist School Certifying Officials with reporting GI Bill recipient enrollments. To prepare for the transition, the VA is hosting a training session on November 15. The VA has indicated that additional guidance and training sessions will be shared in the coming months.

Advocacy

Coalition for Energy Efficient Jobs & Investment Comments on 179D
The Coalition for Energy Efficient Jobs & Investment, of which NACUBO is a member, submitted comments to the IRS on three requests for information related to changes to the 179D deduction for energy efficient commercial construction included in the Inflation Reduction Act of 2022 (IRA).

In Response to Service Notice 2022-51, the coalition reminded policymakers of challenges in applying labor requirements required in order to maximize on the 179D benefit expanded in the IRA. If left unaddressed, the coalition fears that these problems could prevent uptake of the deduction.

In Service Notice 2022-48, the IRS sought input on areas that require more guidance from the community. Of importance to NACUBO members was a question on the allocation provision, by which governmental and, beginning on January 1, 2023, nonprofit organizations can qualify for the deduction. The coalition responded that existing guidance and practice for governmental organizations is adequate and can be extended to nonprofits.

Commenting on the IRS’s intent to create a new Form 7205 “to standardize the procedures for claiming the deduction,” the coalition encouraged the IRS to minimize the amount of information required on a per-building basis and offered a sample form.

Take Action

Join NACUBO in Advocating for the Legacy IRA Act
The American Heart Association has shared a tool to help individuals contact their senators to support the modified Legacy IRA Act (S.243). NACUBO has supported the legislation, which would help charities by expanding the IRA charitable rollover, allowing taxpayers ages 65 and over to direct up to $400,000 annually in IRA distributions to charities, charitable gift annuities, and charitable remainder trusts.

Previous Edition

NACUBO On Your Side: October 25–November 7, 2022

Contact

Neil Gavigan

Policy and Advocacy Manager

202.861.2551


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NACUBO On Your Side: December 20, 2022–January 9, 2023

Online training sessions are available for the VA’s new Enrollment Manager platform, the Biden administration shares its upcoming regulatory agenda, and more.

NACUBO On Your Side: January 10–23, 2023

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