H.R. 4943: Safeguarding Trust in Our Politics Act

This bill, titled the "Safeguarding Trust in Our Politics Act," proposes changes to the Internal Revenue Code, specifically focusing on organizations classified under Section 501(c)(3) of the tax code, which generally includes nonprofit organizations. The main points of the bill are as follows:

Prohibition on Funding for Election Administration

The bill aims to prohibit 501(c)(3) organizations from providing any form of direct or indirect funding to state or local governments for the purpose of administering elections for public office. This includes:

• Prohibiting funds being directly given to any state or local government specifically for the administration of elections.
• Preventing funds from being given where there is a reasonable expectation that they will be used for election administration purposes.
• Allowing exceptions only for donations of space to be used as polling locations during elections.

Amendments to the Internal Revenue Code

The amendments will remove language that currently allows certain participation by organizations regarding election funding and will explicitly bar them from providing financial aid for elections.

Effective Date

The bill will come into effect for taxable years beginning after December 31, 2025.

Implications

This legislation could affect how nonprofit organizations operate in relation to electoral activities, especially in terms of funding any initiatives related to the administration of elections at various government levels.

Relevant Companies

None found