HR 8290 · 118th Congress · Taxation

Foreign Grant Reporting Act

Introduced 2024-05-08· Sponsored by Rep. Smucker, Lloyd [R-PA-11]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 470.(2024-06-28)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8290 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8290 To amend the Internal Revenue Code of 1986 to require the public disclosure of grants made by certain tax-exempt organizations to foreign entities. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 8, 2024 Mr. Smucker introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to require the public disclosure of grants made by certain tax-exempt organizations to foreign entities. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Foreign Grant Reporting Act''. SEC. 2. DISCLOSURE OF GRANTS MADE BY CERTAIN TAX-EXEMPT ORGANIZATIONS TO FOREIGN ENTITIES. (a) In General.--Section 6033 of the Internal Revenue Code of 1986 is amended by redesignating subsection (o) as subsection (p) and by inserting after subs…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 8290, Foreign Grant Reporting Act

May 31, 2024

As ordered reported by the House Committee on Ways and Means on May 15, 2024

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (2)

2 Republicans