New Legislation Would Revoke Tax-Exempt Status of Nonprofits Funding Hamas, Other Terrorists

Proposed new legislation would revoke the tax-exempt status of any nonprofit organization that is providing material support for terrorist groups.

The bipartisan bill, introduced by U.S. Rep. David Kustoff, R-Tenn., and U.S. Rep. Brad Schneider, D-Ill., comes out of the House Ways and Means Committee, which unanimously approved the legislation last week.

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