,,ii  #aai? ,,congress  #a/ ,session    
,s4 #adbh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #aj1 #bjbe,mr4  
,lank=d 7= himself1 ,mr4 ,lee1 ,mr4     
,hawley1 & ,mr4 ,budd7 introduc$ !      
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,f9ance  ,a ,,bill   
,to am5d title #a1 ,unit$ ,/ates ,code1 
to cl>ify t c]ta9 tax exemptions are n  
treat$ z ,f$]al f9ancial assi/ance4  #a4
 ,%ort title ,?is ,act may be cit$ z !  
,safegu>d+ ,*>ity ,act4  #b4 ,f$]al     
f9ancial assi/ance n to include c]ta9   
tax b5efits  7a7 ,9 g5]al ,*apt] #a (   
title #a1 ,unit$ ,/ates ,code1 is am5d$ 
by add+ at ! end ! foll[+ new section3  
#i4 ,f$]al f9ancial assi/ance ,9 ! case 
( any organization describ$ 9 subsection
 7c7 or 7d7 ( section #eja ( ! ,int]nal 
,rev5ue ,code ( #aihf or any            
organization describ$ 9 section #dja7;a7
 ( su* ,code1 = 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$]al 
gov]nm5t1 %all n include any exemption f
 ,f$]al income tax4  4  7b7 ,cl]ical    
am5dm5t ,! table ( cont5ts = *apt] #a ( 
title #a1 ,unit$ ,/ates ,code1 is am5d$ 
by add+ at ! end ! foll[+ new item3  #i4
 ,f$]al f9ancial assi/ance4  4  7c7     
,rule ( con/ruction ,no?+ 9 ?is section 
or ! am5dm5ts made by ?is section %all  
be con/ru$ 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