With House Passage of 'Stop Terror-Financing Bill,' Charities Fear Being Targeted
The Chronicle of Philanthropy
NOVEMBER 22, 2024
Despite opposition from a wide range of nonprofits, lawmakers in the U.S. House passed a bill designed to give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism. By Alex Daniels Architect of the Capitol Despite opposition from a wide range of nonprofits, lawmakers in the U.S. House passed a bill designed to give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism.
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