H.R. 9495 has sparked a whirlwind of debate โ is it a safety net against terror financing or a dangerous blockade for nonprofits? Dive into the chaos!
As we dive deeper into the implications of H.R. 9495, it's worth noting that nonprofit organizations play a pivotal role in the American landscape, contributing a whopping $1 trillion to the economy each year. Under the cloud of potential governmental scrutiny, many fear that the creativity and flexibility that nonprofits often wield in grassroots activism could be stifled. For every turbocharged debate over a bill like H.R. 9495, thereโs a community seeking to ensure that their missions to support those in need remain steadfast and free from governmental overreach. Will the repercussions of this bill spark innovation in how nonprofits operate, or will they lead to a chilling silence among those who wish to make a stand? Only time will tell!
WASHINGTON, D.C. โ U.S. Rep. Grace Meng (D-Queens) today released the following statement on the Stop Terror-Financing and Tax Penalties on American ...
We strongly support stopping bad actors from using nonprofit organizations to fund terrorism. And we support the provision in the bill postponing tax deadlines ...
A bill, HR 9495, which would allow a presidentially appointed treasury secretary to unilaterally strip a nonprofit of its status if deemed a ...
After H.R. 9495, a bill that would allow the Treasury Secretary to effectively shut down any non-profit organization, including news outlets, ...
H.R. 9495 was narrowly blocked last week after Congress received more than 100000 messages urging them to oppose.
The Stop Terror-Financing and Tax Penalties on American Hostages Act (H.R. 9495) strips U.S.-based organizations of their tax-exempt status if they are found to ...
H.R. 9495 would authorize the treasury secretary to designate nonprofits as supporters of terrorism and strip them of their tax-exempt status.
House Democrats face backlash for supporting bill threatening nonprofits. Advocates warn of Trump admin's unchecked power. Civil society at risk.
Critics argue it would give Trump sweeping powers to crack down arbitrarily on his political opponents.