Shaheen, Cruz Introduce the Bipartisan Preserve Charities and Houses of Worship Act
Bill would repeal mandate requiring charities, houses of worship and traditionally tax-exempt organizations to pay federal taxes on employee fringe benefits
(Washington, DC) – Yesterday, U.S. Senators Jeanne Shaheen (D-NH) and Ted Cruz (R-TX) introduced the bipartisan Preserve Charities and Houses of Worship Act, to repeal a mandate requiring charities, houses of worship and traditionally tax-exempt organizations to pay federal taxes on employee fringe benefits.
“Places of worship and charities shouldn’t bear the burden of a mistake in the 2017 tax bill, which is precisely why this common-sense legislation to right that wrong is urgently needed,” said Senator Shaheen. “This bipartisan bill would help non-profit organizations and faith groups dedicate more of their limited resources to their missions of service for our communities, rather than calculating and paying new taxes that should never have been imposed in the first place. I’m glad to partner with Senator Cruz on this effort and I urge members on both sides of the aisle to join us in moving this legislation forward.”
Read the full text of the bill here.