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H.R. 10148 (119th Congress)Committee
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Safeguarding America’s Nonprofits Act

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Summary

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This bill amends the Internal Revenue Code to clarify that tax-exempt status for certain organizations—including charitable, religious, educational, and pension plan organizations—shall not be treated as 'Federal financial assistance' under federal law, rules, or regulations unless explicitly stated otherwise. The bill includes a rule of construction specifying that this clarification does not retroactively recharacterize past tax exemptions as federal assistance.

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