The House passed legislation Thursday that would enable the Treasury Department to revoke the tax-exempt status of US nonprofits that support designated foreign terrorist groups (
Most Republicans and over a dozen Democrats voted 219-184 to send the bill to the Senate after Democrats who feared a future Trump administration would target political enemies blocked quick consideration last week. Rep. Thomas Massie (Ky.) cast the lone GOP vote against the measure.
The bill would also postpone tax deadlines and suspend penalties for US nationals held hostage abroad. Legislation from Sen. Chris Coons (D-Del.) postponing certain IRS deadlines ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.