118th Congress · HOUSE BILLBILL

H.R. 7027 — Safeguarding Charity Act

“To amend title 1, United States Code, to clarify that certain tax exemptions are not treated as Federal financial assistance.”

Taxation

Introduced Jan 17, 2024

Last action Jan 17, 2024

Pipeline · Bill → Law

Step 1

Introduced

Jan 17, 2024

Step 2

Referred

Jan 17, 2024

Judiciary

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill provides that federal financial assistance does not include any exemption from federal income tax.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Jan 17, 2024

Introduced in House

Jan 17, 2024

Referred to the House Committee on the Judiciary.