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Senator Ted Cruz has proposed a bill to revoke the tax-exempt status of organizations that fund nonprofits involved in political violence, coinciding with a Justice Department investigation into financier Neville Roy Singham. The SPONSOR Act aims to hold 501(c)(3) nonprofits accountable for the actions of their sponsored entities, addressing concerns about funding for radical activities.
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Senator Ted Cruz has proposed a bill to revoke the tax-exempt status of organizations that fund nonprofits involved in political violence, coinciding with a Justice Department investigation into financier Neville Roy Singham. The SPONSOR Act aims to hold 501(c)(3) nonprofits accountable for the actions of their sponsored entities, addressing concerns about funding for radical activities.
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Cruz pushes bill to hold tax-exempt sponsors accountable as DOJ probes Singham network
Sen. Cruz Proposes Legislation to Hold Tax-Exempt Organizations Accountable Amid DOJ Investigation