A bill to amend the Internal Revenue Code of 1986 to terminate the tax-exempt status of terrorist supporting organizations.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill amends the Internal Revenue Code to suspend the tax-exempt status of organizations that Treasury designates as having materially supported terrorist organizations.
Who Benefits and How
Treasury and national-security officials would gain a clearer tax-law tool for cutting off benefits to organizations accused of supporting terrorism.
Who Bears the Burden and How
Organizations designated by Treasury would lose tax-exempt treatment and face added compliance and tax consequences.
Key Provisions
- Treats designated terrorist-supporting organizations as subject to the existing tax-exempt status suspension regime under section 501(p).
- Lets Treasury designate and later rescind those designations.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
Terminate the tax-exempt status of organizations that Treasury designates as providing material support to terrorist organizations.
Key Policy Areas
Tax Policy, National Security
Primary Purpose
Terminate the tax-exempt status of organizations that Treasury designates as providing material support to terrorist organizations.
Policy Domains
Tax-Exempt Status of Terrorist-Supporting Organizations
Identified Gains
Contextual inference, no direct clause citation- Treasury and counterterrorism officials
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- Organizations designated as supporting terrorism
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
In CommitteeRead twice and referred to the Committee on Finance.
Introduced in Senate
Mr. Cornyn (for himself and Mr. Sheehy) introduced the following …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → Secretary of the Treasury
Key Definitions
Terms defined in this bill
An organization designated by Treasury as having provided material support or resources to a terrorist organization during the prior three years.
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology