HR 6408
To amend the Internal Revenue Code of 1986 to terminate the tax-exempt status of terrorist supporting organizations.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill aims to eliminate the tax-exempt status for organizations deemed ‘terrorist supporting organizations’ under the Internal Revenue Code. It defines this category as groups that have provided material support or resources to designated terrorist organizations during the three years leading up to their designation. The Treasury Department must notify these organizations of the impending designation and provide an opportunity to dispute the designation, with specific requirements for demonstrating lack of support or returning provided resources. The Secretary of the Treasury can then rescind a designation if it’s found to be erroneous or if the organization fails to meet the outlined criteria.
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Primary sponsor
Cosponsors
A. Drew, IV Ferguson
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