,i #aai? ,,congress #b;d ,session ,h4 ,r4 #ajadh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,augu/ #bd1 #bjbf,mr4 ,/eube 7= himself & ,ms4 ,del,bene7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to cl>ify t c]ta9 exemptions f ,f$]al income tax are n treat$ z ,f$]al f9ancial assi/ance4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,safegu>d+ ,am]ica's ,nonpr(its ,act4 #b4 ,c]ta9 exemptions f ,f$]al income tax n treat$ z ,f$]al f9ancial assi/ance 7a7 ,9 g5]al ,section #eja ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new subsection3 7s7 ,c]ta9 exemptions n treat$ z ,f$]al f9ancial assi/ance ,9 ! case ( any organization describ$ 9 subsection 7c7 or 7d7 or any organization describ$ 9 section #dja7;a71 = purposes ( any ,f$]al law1 rule1 or regulation1 unless explicitly provid$ o!rwise1 ! t]m ,f$]al f9ancial assi/ance1 or any o!r t]m ref]r+ to assi/ance provid$ by ! ,f$]al ,gov]nm5t1 %all n include any exemption f ! taxes impos$ by ?is subtitle4 4 7b7 ,rule ( con/ruction ,no?+ 9 ?is section or ! am5dm5ts made by ?is section %all be con/ru$ to imply t an exemption f ,f$]al income taxes "u section #eja7;a7 ( ! ,int]nal ,rev5ue ,code ( #aihf con/itut$ assi/ance f ! ,f$]al ,gov]nm5t = p]iods be=e ! date ( ! enactm5t ( ?is ,act4