Schneider, Kustoff Introduce Bipartisan Legislation to Revoke Tax-Exempt Status to Nonprofits Supporting Hamas

WASHINGTON— Congressman Brad Schneider (IL-10) and Congressman David Kustoff (TN-08) introduced bipartisan legislation to revoke the tax-exempt status for any organization that provides financial support or resources to designated terrorist groups.

"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.
 

"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."

Click here to read the full text of the bill.

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