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Safeguarding Charity Act

5/3/2025, 3:53 AM

Summary of Bill S 1428

The bill titled "A bill to amend title 1, United States Code, to clarify that certain tax exemptions are not treated as Federal financial assistance," was introduced in the 119th Congress on April 10, 2025. The bill's purpose focuses on amending specific sections of the United States Code to ensure that certain tax exemptions do not fall under the classification of Federal financial assistance. The bill likely contains provisions that provide clarification on the treatment of these tax exemptions and may outline directives for implementing these changes.

Current Status of Bill S 1428

Bill S 1428 is currently in the status of Bill Introduced since April 10, 2025. Bill S 1428 was introduced during Congress 119 and was introduced to the Senate on April 10, 2025.  Bill S 1428's most recent activity was Read twice and referred to the Committee on Finance. as of April 10, 2025

Bipartisan Support of Bill S 1428

Total Number of Sponsors
3
Democrat Sponsors
0
Republican Sponsors
3
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
0
Republican Cosponsors
7
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1428

Primary Policy Focus

Alternate Title(s) of Bill S 1428

A bill to amend title 1, United States Code, to clarify that certain tax exemptions are not treated as Federal financial assistance.
A bill to amend title 1, United States Code, to clarify that certain tax exemptions are not treated as Federal financial assistance.

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