WASHINGTON, D.C. — Today, Congressman David Kustoff (R-TN) and Congressman Brad Schneider (D-IL) introduced bipartisan legislation to revoke the tax-exempt status for any organization that provides financial support or resources to designated terrorist groups.
Recent reports have indicated that U.S. based, tax-exempt nonprofits may be providing funding and support to Hamas.
"A crucial pillar in the global fight against terrorism is dismantling the financial networks of terrorist organizations, including Hamas,” said Congressman Kustoff. "Under no circumstances should organizations supporting terrorism be allowed to receive preferential treatment under the U.S. tax code. I urge the swift passage of this legislation that will significantly diminish the ability of Hamas and other terrorist groups to finance their operations and carry out future attacks."
"In the weeks following Hamas’s barbaric massacre of Israelis on October 7th, America has witnessed a dramatic increase in incidents of hateful speech, threats of violence and, shockingly, support for the Hamas terrorists. American taxpayer funds should never be used to support terrorist groups like Hamas, Hezbollah or ISIS. That’s why I am proud to introduce this bipartisan legislation to prevent American taxpayers from directly or indirectly assisting any groups that support or advance the interests of terrorists," said Congressman Brad Schneider.
This is a companion discussion topic for the original entry at https://kustoff.house.gov/media/press-releases/kustoff-schneider-introduce-legislation-revoke-tax-exempt-status-nonprofits