A bill to amend the Internal Revenue Code of 1986 to terminate the tax-exempt status of terrorist supporting organizations.
Latest Action
Read twice and referred to the Committee on Finance.
Official Summary
Official summary has not been imported yet.
GovScope Watchdog™
AI Government Intelligence™This Senate bill, introduced in the 118th Congress, proposes an amendment to the Internal Revenue Code of 1986 to terminate the tax-exempt status of organizations that support terrorist activities. The bill aims to use tax policy as a tool to restrict financial benefits for groups identified as terrorist supporters. As of the latest update, the bill was read twice and referred to the Senate Committee on Finance but has since failed or expired without further action. No full text or detailed summary is available, limiting the ability to analyze specific provisions or mechanisms.
The bill seeks to revoke tax-exempt status from terrorist-supporting organizations but did not advance beyond committee referral and ultimately expired in the 118th Congress.
- The bill targets organizations that support terrorism by removing their tax-exempt status under the Internal Revenue Code.
- It was introduced in the Senate and referred to the Committee on Finance after being read twice.
- The bill did not progress further and is currently classified as failed or expired.
['Federal government agencies responsible for counterterrorism and tax enforcement may benefit from enhanced tools to limit financial support to terrorist organizations.', 'Taxpayers and the general public could indirectly benefit if the bill reduces financial incentives for terrorist-supporting groups.']
['The absence of the full bill text limits clarity on how organizations would be identified and the process for terminating tax-exempt status.', "Implementation challenges could arise in defining and proving an organization's support for terrorism within tax enforcement frameworks.", 'Oversight mechanisms and appeals processes are not detailed, raising questions about due process and administrative burden.']
The bill was introduced in the Senate during the 118th Congress and referred to the Committee on Finance, which typically oversees tax legislation. The lack of further action and its failed or expired status indicate it did not gain sufficient legislative momentum. The bill fits within broader efforts to use tax policy to combat terrorism financing.
Hidden impact flags detected: 2
GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
['Potential increase in IRS and Treasury Department workload to investigate and enforce tax status changes.', 'Possible deterrent effect on organizations considering support for terrorism due to financial penalties.', 'Risk of legal challenges or disputes arising from the designation process impacting tax-exempt status.']
The lack of a full bill text and official summary limits transparency and comprehensive analysis. Oversight considerations include the need for clear definitions, procedural safeguards, and enforcement guidelines to ensure fair application and avoid unintended consequences. Monitoring the legislative process and committee discussions could provide further insight into the bill's provisions and implementation plans.
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