Safeguarding Charity Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2896 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2896 To amend title 1, United States Code, to clarify that certain tax exemptions are not treated as Federal financial assistance. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 10, 2025 Mr. Steube introduced the following bill; which was referred to the Committee on the Judiciary _______________________________________________________________________ A BILL To amend title 1, United States Code, to clarify that certain tax exemptions are not treated as Federal financial assistance. 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 ``Safeguarding Charity Act''. SEC. 2. FEDERAL FINANCIAL ASSISTANCE NOT TO INCLUDE CERTAIN TAX BENEFITS. (a) In General.--Chapter 1 of title 1, United States Code, is amended by adding at the end the following new section: ``SEC. 9. FEDERAL FINANCIAL ASSISTANCE. ``In the case of any organization described in subsection (…