GUARD Act
Sponsored By: Representative Rep. Self, Keith [R-TX-3]
Introduced
Summary
Denies federal tax-exempt status to charities and social-welfare groups that accept gifts from citizens or nationals of certain foreign-adversary countries. The bill would target organizations described in 501(c)(3) and 501(c)(4) and link the loss of exemption to the year they receive a disqualifying contribution.
Show full summary
- 501(c)(3) charities and 501(c)(4) social-welfare organizations would lose their tax-exempt status for any taxable year ending on or after they accept a contribution from a citizen or national of a listed foreign adversary. The denial applies only to contributions received after enactment and to years following receipt.
- Any gift from an individual who is a citizen or national of a listed foreign adversary would trigger the penalty for the recipient organization. That creates a clear financial disincentive against accepting donations from those individuals.
- The bill specifically lists the Peoples Republic of China (including Hong Kong and Macau), the Republic of Cuba, the Islamic Republic of Iran, the Democratic Peoples Republic of Korea, and the Russian Federation. It also allows the Secretary, in consultation with the Secretary of State, to add other countries based on national security.
Your PRIA Score
Personalized for You
How does this bill affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Nonprofits Could Lose Tax-Exempt Status
This bill would deny federal tax-exempt status to some nonprofits. It would apply to groups described in 501(c)(3) and 501(c)(4). The rule would kick in if the group receives any contribution or gift from an individual who is a citizen or national of a listed foreign adversary. Listed countries are the People's Republic of China (including Hong Kong and Macau), the Republic of Cuba, the Islamic Republic of Iran, the Democratic People's Republic of Korea, and the Russian Federation. The Treasury Secretary, with the Secretary of State, could add more countries. The denial would apply for any taxable year ending on or after the date the group receives the covered gift. It would apply only to gifts received after the bill's enactment. If enacted, donors could lose tax benefits and affected nonprofits could lose money and services.
Free Policy Watch
You just read the policy. Now see what it costs you.
Pick a topic. PRIA runs your household against live legislation and sends you a free personalized readout.
Pick a topic to get started
Sponsors & CoSponsors
Sponsor
Rep. Self, Keith [R-TX-3]
TX • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.govTake It Personal
Get Your Personalized Policy View
Take the PRIA Score to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in