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Bill > HR6408


US HR6408

US HR6408
To amend the Internal Revenue Code of 1986 to terminate the tax-exempt status of terrorist supporting organizations.


summary

Introduced
11/14/2023
In Committee
11/30/2023
Crossed Over
04/16/2024
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

AN ACT To amend the Internal Revenue Code of 1986 to terminate the tax-exempt status of terrorist supporting organizations.

AI Summary

This bill amends the Internal Revenue Code to terminate the tax-exempt status of organizations that have provided material support or resources to terrorist organizations within the past 3 years. The bill outlines a process for the Secretary of the Treasury to designate such "terrorist supporting organizations" and provide them an opportunity to demonstrate they did not provide such support or resources. The bill also grants exclusive jurisdiction to U.S. district courts to review the Secretary's final determinations, including those based on classified information. The amendments made by this bill would apply to designations made after the date of enactment.

Committee Categories

Budget and Finance

Sponsors (8)

Last Action

Received in the Senate and Read twice and referred to the Committee on Finance. (on 04/16/2024)

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