The One Big Beautiful Bill Act: Exploring Its Implications for Tax Equity at the Federal and State Levels

Tax Equity Funders Network and Economic Opportunity Funders are hosting a webinar exploring the impacts of the recently passed Tax and Budget Bill.

Congress has passed HR 1- the One Big Beautiful Bill Act—a sweeping piece of legislation poised to reshape the landscape of public funding and tax equity in the United States. This webinar  explored the core provisions of the bill and how changes to tax credits, revenue, and tax systems may impact low and moderate-income taxpayers, how changes at the federal level will impact states, and strategies philanthropy can use to advance equitable tax agendas at the federal and state levels.

Featured Speaker:

Meg Wiehe, Vice President for State Fiscal Policy and Communication
Center on Budget and Policy Priorities

• PPT presentation: 2025 Federal Budget Reconciliation:Understanding Tax and State Impacts
• Tax Equity Funders Network Two-Pager for Funders: Impacts of the “One Big Beautiful Bill Act” on Tax Policy at the Federal and State Level.
• Center on Budget and Policy Priorities Report: Implementing the Harmful Republican Megabill: a Timeline
• Center on Budget and Policy Priorities Online Resource Hub: Tracking the Fallout From State Tax Cuts
• Institute on Taxation and Economic Policy Report: Analysis of Tax Provisions in the Trump Megabill as Signed into Law: National and State Level Estimates