The NO PROFIT Act
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Table of Contents
Representative Mike Lawler introduced this bill in the House of Representatives. It proposes changes to how certain entities are treated under federal tax laws.
Why it matters: This is a legislative proposal aimed at changing tax treatment; it does not become law unless passed by both houses of Congress and signed by the President.
Who it affects
- Certain organizations or entities that currently receive specific tax advantages or government funds
This information comes from Congress.gov regarding a House bill; check the official text at Congress.gov before relying on it for financial or legal decisions.
Agency: House
Source: Congress.gov — read the official document