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SPONSOR Act
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.
Read the Full Bill
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
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3942
Primary Policy Focus
TaxationAlternate 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.
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
964
3 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.
Sponsors and Cosponsors of S 3942
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