Bill > HR2501

This bill, known as the "Free Speech Fairness Act," seeks to modify the Internal Revenue Code to provide more flexibility for 501(c)(3) charitable organizations regarding political campaign statements. Specifically, the bill would allow these tax-exempt organizations to make statements about political campaigns without losing their tax-exempt status, provided that such statements are made during the organization's regular, customary activities in pursuit of its exempt purpose and result in only minimal additional expenses (defined as "de minimis incremental expenses"). Currently, 501(c)(3) organizations are strictly prohibited from engaging in political campaign activities, which can limit their ability to discuss issues that might intersect with political campaigns. The proposed amendment would create a narrow exception to this rule, enabling these organizations to speak more freely about political matters without risking their tax-exempt status, as long as the statements are made in the ordinary course of their established charitable work and do not involve significant additional costs. The bill would take effect for taxable years ending after its enactment date.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/2501/all-info