WASHINGTON, May 9 -- Rep. Lloyd Smucker, R-Pennsylvania, issued the following news release: Rep. Lloyd Smucker (PA-11), a member of the tax law writing Ways and Means Committee, has introduced H.R. 8290, The Foreign Grant Reporting Act. This legislation would address a loophole in current law. Currently, certain U.S.-based nonprofits must disclose information regarding grants they make to other domestic organizations, but not grants made to foreign entities. The Foreign Grant Reporting Act wou  more