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Latin Times
Latin Times
Politics
Maryam Khanum

Bill Giving President New Powers to Strip Nonprofits of Tax-Exempt Status Passes in House: 'Ripe for Abuse'

On Thursday, the House passed the Stop Terror-Financing and Tax Penalties on American Hostages Act, or H.R. 9495. The bill was passed by a vote of 219-184 mostly along party lines. (Credit: Washington DC)

The House of Representatives passed a bill that would allow the treasury secretary to strip non-profit organizations of their tax-exempt status by recognizing them as supporters of terrorism.

On Thursday, the House passed the Stop Terror-Financing and Tax Penalties on American Hostages Act, or H.R. 9495. The bill was passed by a vote of 219-184 mostly along party lines.

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