The “Big Beautiful Bill” (“BBB”), signed into law July 4th, includes sweeping tax and spending changes impacting individuals and communities at the local, state, and federal levels. More relevantly, it makes the largest cuts to Medicaid and SNAP in their history.
Some of these changes took effect immediately, and others will continue to phase in over the next few years. We created the below timeline, outlining when relevant changes will occur, to help nonprofits prepare for what’s ahead.
For more details, you can read our full analysis of nonprofit-relevant provisions here, and explore additional analyses from national policy experts below.
- Baker Hostetler – Analysis of the 2025 Tax Changes Under the “One Big Beautiful Bill” Legislation”
- Deloitte – A closer look: Inside the new tax law
- Skadden – The Act: Tax Provisions and Analysis
- The One Big Beautiful Bill Act: Comprehensive Holland & Knight Analysis
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