A bill to amend the Internal Revenue Code of 1986 to allow charitable organizations to make statements relating to political campaigns if such statements are made in the ordinary course of carrying out its tax exempt purpose.

Read twice and referred to the Committee on Finance.

Bill 119 s 1205, also known as the "Charitable Speech Act," is a proposed amendment to the Internal Revenue Code of 1986. The purpose of this bill is to allow charitable organizations to make statements related to political campaigns as long as these statements are made in the normal course of carrying out their tax-exempt purpose.

Currently, under the Internal Revenue Code, charitable organizations are prohibited from engaging in political campaign activities. This includes making statements in support of or against political candidates. However, this bill seeks to change that by allowing charitable organizations to make such statements as long as they are related to their tax-exempt purpose.

The bill aims to provide more freedom of speech for charitable organizations and allow them to engage in political discourse without fear of losing their tax-exempt status. Supporters of the bill argue that this change would allow charities to better advocate for their causes and have a greater impact on public policy. Opponents of the bill, on the other hand, are concerned that allowing charitable organizations to engage in political campaign activities could lead to abuse and manipulation of the tax-exempt status. They argue that this could potentially undermine the integrity of charitable organizations and their mission. Overall, Bill 119 s 1205 is a controversial proposal that seeks to amend the Internal Revenue Code to allow charitable organizations to make statements related to political campaigns in the normal course of carrying out their tax-exempt purpose. The outcome of this bill will likely have significant implications for the role of charitable organizations in political discourse.