4 sources·Politics

House Passes Controversial Bill Granting Treasury Expanded Authority Over Nonprofits

The U.S. House of Representatives passed a bill allowing the Treasury to designate nonprofits as terrorist supporters, raising concerns about political misuse of power.

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Updated: Nov 21st, 2024, 2:58 PM ET

Summary

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The U.S. House approved the Stop Terror Financing and Tax Penalties on American Hostages Act, permitting the Treasury Secretary to revoke tax-exempt status of nonprofits suspected of supporting terrorism. The vote, which passed 219-184, faced bipartisan backlash for potentially enabling political persecution. Critics warn it could lead to misuse against organizations opposing the government. The bill, now heading to the Senate, reflects heightened tensions surrounding nonprofit oversight amidst Donald Trump's presidency. Civil liberty groups argue it lacks due process protections and opens the door for authoritarian exploitation.


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House Passes Controversial Bill Granting Treasury Expanded Authority Over Nonprofits - Pano News