S 4136 · 118th Congress
A bill to amend the Internal Revenue Code of 1986 to terminate the tax-exempt status of terrorist supporting organizations.
# Plain Language Summary: Terminating Tax-Exempt Status for Terrorist-Supporting Organizations This bill would change tax law to remove the tax-exempt status from organizations that support terrorism. Right now, certain organizations can qualify for tax-exempt status, which means they don't have to pay federal inco…
- Sponsor
- Cornyn, John (R-TX)
- Introduced
- 2024-04-17
- Policy area
- Taxation
- Latest action
- Read twice and referred to the Committee on Finance.
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