Nonprofit Governance Integrity Act

This bill would change federal tax law so that certain nonprofit groups lose their tax-exempt status if any member of their board of directors (or similar governing body) is a citizen or national of a "covered nation" as defined elsewhere in the tax code. The rule would apply to charitable organizations under section 501(c)(3), except churches and associations of churches, as well as social welfare organizations under 501(c)(4) and trade groups such as business leagues under 501(c)(6). The change would take effect for tax years beginning after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Tom Cotton Republican sponsor
• 0 cosponsors