HR 8290
Foreign Grant Reporting Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Foreign Grant Reporting Act, requires tax-exempt organizations in the United States to publicly disclose information about grants they provide to foreign entities. Specifically, organizations that file annual tax returns must report the name and address of the foreign recipient, the total amount of the grant, and whether the recipient is a recognized charity, a 501(c)(3) organization, or falls into another category. The bill aims to increase transparency regarding these financial transactions and their impact on foreign entities.
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