The IRS is considering revising Form 990 to increase public accountability through better disclosure. IRS Announcment 2002-87, released September 4th, seeks public comment on a variety of proposed changes to reporting on fundraising, transactions between PACs and their nonprofit affiliates, corporate ties and conflicts of interest and grants to foreign organizations.

Following a press conference sponsored by Americans for Community and Faith-Centered Enterprise and the Charitable Giving Coalition last Thursday, Senate Majority Leader Tom Daschle (D-SD) agreed to seek agreement on rules of debate so the CARE Act ( S. 1924) could go the Senate floor during the week of July 22. CARE Act sponsors Sen. Joe Lieberman (D-CT) and Sen. Rick Santorum (R-PA) spoke at the press conference, and said they expect the bill to be considered before the August recess. However, several Senators have objected to floor debate unless amendments are allowed. Sen.

In the wake of the widening corporate accounting scandals, both the House and Senate have passed versions of corporate accountability and reform legislation. As reported in a previous Watcher, on April 24, the House passed the "Corporate and Auditing Accountability, Responsibility, and Transparency Act" (H.R. 3763), while the Senate passed its version (S. 2673) last Monday, July 15th. The conference committee that will hammer out the differences between the House and Senate version was appointed on Wednesday, July 17th, and has promised to be finished with the legislation by July 26th.

Contact information for Presidential Transition Advisory Committee Jim Abernathy Environmental Support Center 4420 Connecticut Ave, Suite 2, Washington, DC 20008 Phone: (202) 966-9834 Fax: (202) 966-4398 email: jabernathy@envsc.org David Arons Charity Lobbying in the Public Interest 2040 S Street, NW, Washington, DC 20009 Phone: (202) 387-5048 Fax: (202) 387-5149 email: davida@independentsector.org Putnam Barber Evergreen State Society Post Office Box 20682, Seattle, WA 98102 Phone: (206) 329-5640 Fax: (206) 322-8348 email: pbarber@eskimo.com Bio Anne Bartley