Congress votes on a bill to revoke tax-exempt status from nonprofits supporting terrorism, amid fears of misuse.

Congress is voting on the "Stop Terror-Financing and Tax Penalties on American Hostages Act," which would allow the Treasury Secretary to revoke tax-exempt status from nonprofits deemed to support terrorism. The bill also offers tax relief for Americans wrongfully detained abroad. Over 120 nonprofits oppose the bill, arguing it could be used to target political opponents and stifle dissent. Proponents say it will prevent terrorist funding, while critics fear it undermines due process and could be misused.

November 12, 2024
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