Library / Laws / 117th / hr / H.R. 3918 / Introduced in House
I
117th CONGRESS
1st Session
H. R. 3918
IN THE HOUSE OF REPRESENTATIVES
June 15, 2021Mr. Rush introduced the following bill; which was referred to the Committee on Energy and Commerce
A BILL
To amend the Federal Trade Commission Act to permit the Federal Trade Commission to enforce such Act against certain tax-exempt organizations.
1.
Authority of Federal Trade Commission over certain tax-exempt organizations
Section 4 of the Federal Trade Commission Act (15 U.S.C. 44) is amended, in the undesignated paragraph relating to the definition of the term Corporation—
(1) by striking , and any and inserting , any; and
(2) by inserting before the period at the end the following: , and any organization described in section 501(c)(3) of the Internal Revenue Code of 1986 that is exempt from taxation under section 501(a) of such Code.