
The 'Nonprofit Killer Bill': Separating Fear From Fact on HR 9495
Nonprofits are the backbone of civil society, addressing societal challenges and advancing public good in ways and on issues that are left unaddressed by government and the private sector. The recent evolution of HR 9495 has sent shockwaves through the nonprofit sector, leaving many concerned about its implications for their work, their missions, and their very existence.
January 13, 2025 at 12:09 PM
5 minute read
Nonprofits are the backbone of civil society, addressing societal challenges and advancing public good in ways and on issues that are left unaddressed by government and the private sector. The recent evolution of HR 9495 has sent shockwaves through the nonprofit sector, leaving many concerned about its implications for their work, their missions, and their very existence. But before we succumb to fear, let’s examine the context, the content of the bill, and what is driving the anxiety.
Why Nonprofits Are Alarmed
At its core, HR 9495 proposes to empower the Treasury Secretary to revoke nonprofit status in certain cases in the name of protecting against support of terrorism. The nonprofit industry alarm stems from the risk of this power being misused by a single political appointee—in this case the Treasury Secretary—outside the bill’s original intent.
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