The bill would change federal tax law so a 501(c)(3) charitable organization would not lose its tax-exempt status or be treated as intervening in a political campaign solely because of a statement’s content, if the statement is made during the organization’s regular activities to carry out its exempt purpose and causes no more than de minimis additional expenses. The change would apply to tax years ending after enactment.
If enacted, the bill would set these conditions for political campaign-related statements by 501(c)(3) organizations. It does not define “de minimis” in the provided text.
No publicly available information about costs is provided in the bill text.
No publicly available information.
No publicly available information.