SPONSOR Act

Hozzl · 2026-03-19T22:34:35Z

Explore the details of Senate Bill 3942 SPONSOR Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

3/19/2026, 10:34 PM

Summary of Bill S 3942

The bill titled "A bill to amend the Internal Revenue Code of 1986 to provide that 501(c)(3) organizations are liable for the use of funding provided as a fiscal sponsor" was introduced in the 119th Congress on February 26, 2026.

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Current Status of Bill S 3942

Bill S 3942 is currently in the status of Bill Introduced since February 26, 2026. Bill S 3942 was introduced during Congress 119 and was introduced to the Senate on February 26, 2026. Bill S 3942's most recent activity was Read twice and referred to the Committee on Finance. as of February 26, 2026

Bipartisan Support of Bill S 3942

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3942

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 3942

A bill to amend the Internal Revenue Code of 1986 to provide that 501(c)(3) organizations are liable for the use of funding provided as a fiscal sponsor.

Comments

Brynleigh Harmon

1,042

4 months ago

Ugh, this bill is such a joke. Can't believe they're even wasting time on it. Just another example of politicians trying to look busy without actually doing anything useful. SMH.