S. 1428

Summary

S. 1428, the Safeguarding Charity Act, was introduced in the Senate on Apr 10, 2025 by Sen. James Lankford (R) with 4 co-sponsors. It was referred to Finance, and last saw action on Apr 10, 2025: Read twice and referred to the Committee on Finance.

Record

Text

S. 1428 has 4 co-sponsors.

119 S1428 IS: Safeguarding Charity Act
 U.S. Senate
 2025-04-10
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  1st Session  S. 1428  IN THE SENATE OF THE UNITED STATES   April 10, 2025   Mr. Lankford  (for himself,  Mr. Lee ,  Mr. Hawley , and  Mr. Budd ) introduced the following bill; which was read twice and referred to the  Committee on Finance    A BILL
To amend title 1, United States Code, to clarify that certain tax exemptions are not treated as Federal financial assistance.
1.
Short title
This Act may be cited as the   Safeguarding Charity Act  .
2.
Federal financial assistance not to include certain tax benefits
(a)
In general
 Chapter 1  of title 1, United States Code, is amended by adding at the end the following new section:
9.
Federal financial assistance
In the case of any organization described in subsection (c) or (d) of  section 501  of the Internal Revenue Code of 1986 or any organization described in section 401(a) of such Code, for purposes of any Federal law, rule, or regulation, unless explicitly provided otherwise, the term  Federal financial assistance,  or any other term referring to assistance provided by the Federal government, shall not include any exemption from Federal income tax.
 .
(b)
Clerical amendment
The table of contents for  chapter 1  of title 1, United States Code, is amended by adding at the end the following new item:
9. Federal financial assistance.
  .
(c)
Rule of construction
Nothing in this section or the amendments made by this section shall be construed to imply that an exemption from Federal income taxes under  section 501(a)  of the Internal Revenue Code of 1986 constituted assistance from the Federal government for periods before the date of the enactment of this Act.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

A bill to amend title 1, United States Code, to clarify that certain tax exemptions are not treated as Federal financial assistance.

Sponsors

Sen. James Lankford (R) sponsors S. 1428, and 4 members have co-sponsored it, 3 of them from the day it was introduced.

James Lankford

Sen. · R–OK · Sponsor

Introduced Apr 10, 2025

Ted Budd

Sen. · R–NC · Co-sponsor

Joined Apr 10, 2025 · Original

Josh Hawley

Sen. · R–MO · Co-sponsor

Joined Apr 10, 2025 · Original

Mike Lee

Sen. · R–UT · Co-sponsor

Joined Apr 10, 2025 · Original

Eric Schmitt

Sen. · R–MO · Co-sponsor

Joined May 1, 2025

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Committees

S. 1428 went before 1 committee: Finance.

Finance

Finance

Referred To · Apr 10, 2025 · 902 Bills

Actions

S. 1428 has taken 2 actions since Apr 10, 2025.

Votes

S. 1428 has not gone to a roll call.

Related bills

1 bill is related to S. 1428, as Identical bill.

HR 2896Safeguarding Charity ActApr 10, 2025 · Referred to the House Committee on the Judiciary. · Identical bill

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Titles

S. 1428 goes by 3 titles, 1 of them short titles.

• Safeguarding Charity Act — Display Title
• Safeguarding Charity Act — Short Title(s) as Introduced
• A bill to amend title 1, United States Code, to clarify that certain tax exemptions are not treated as Federal financial assistance. — Official Title as Introduced

Lobbying

5 clients hired 6 firms and 17 registered lobbyists who named S. 1428 in 21 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Civil Rights/Civil Liberties, Education, Constitution, Religion, Defense, Family issues/Abortion/Adoption, Foreign Relations, Banking.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files S. 1428 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 1428’s is Taxation.

Source: congress.gov · legiscan.com