Senate bill · S. 3942 (119th Congress)
SPONSOR Act
U.S. Senate
Sponsor: Ted Cruz (U.S. Senator for Texas, Republican)
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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
Summary
This bill would amend the Internal Revenue Code so that a 501(c)(3) organization acting as a fiscal sponsor is liable for how funds it spends on a sponsored activity are used, where donors received or were told they would receive a charitable deduction for those funds.
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Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Senate Committee on Finance · U.S. Senate
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Cosponsors
1
Cosponsors listed on Congress.gov, shown A to Z.
- Republican1
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Related bills
As identified by Congress.gov.
Full history
- Feb 26, 2026
Introduced
Introduced in U.S. Senate
U.S. Senate
- Feb 26, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- Feb 26, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
- Feb 26, 2026
Referred to committee
Read twice and referred to the Committee on Finance.
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.