Cornyn, King Introduce Bill to Revoke Tax-Exempt Status of Organizations Bankrolling Terrorists
April 17, 2024
April 17, 2024
WASHINGTON, April 17 -- Sen. Angus S. King Jr., I-Maine, issued the following news release:
Senators John Cornyn (R-TX) and Angus King (I-ME) today introduced legislation that would terminate the tax-exempt status of groups who provide material support, such as finances, services, or training, to terrorist organizations:
"As tensions rise across the globe, terrorism must be rooted out at its source: money," said Sen. Cornyn. "This commonsense legislation . . .
Senators John Cornyn (R-TX) and Angus King (I-ME) today introduced legislation that would terminate the tax-exempt status of groups who provide material support, such as finances, services, or training, to terrorist organizations:
"As tensions rise across the globe, terrorism must be rooted out at its source: money," said Sen. Cornyn. "This commonsense legislation . . .