Empire State to Ease Nonprofit Regulations

From Reuters: “New York Attorney General Eric Schneiderman announced plans on Tuesday to reform cumbersome laws and regulations burdening the state’s charities in a bid to ease what he called a looming funding crisis.”

Schneiderman is pushing the proposal as an ameliorative measure in anticipation of “the effects of cuts at every level of government.” Anticipating that demand on nonprofits will rise, the AG is claiming the lowering charities’ overhead will leave them more funds for operations.

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