PSI Sci

Before you vote › Federal bills

H.R. 9721: Fiscal Sponsorship Transparency Act of 2026

119th Congress · introduced 2026-07-16 · Taxation · Latest: Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 23 - 15.

federal

What does this mean?

Official title

Fiscal Sponsorship Transparency Act of 2026

Plain summary

Fiscal Sponsorship Transparency Act of 2026 This bill requires certain charitable organizations to report to the Internal Revenue Service (IRS) information related to fiscal sponsorship arrangements. The bill also imposes excise taxes on improper conduit arrangements and disallows a federal tax deduction for contributions under such arrangements. The bill defines a fiscal sponsorship arrangement as an arrangement between a charitable organization required to file an annual information return with the IRS (Form 990) and a person that is not tax-exempt under which the organization (1) agrees (for consideration) to receive and administer contributions on behalf of the person, or (2) publicly solicits and agrees to receive and administer contributions for a specific project that furthers the organization’s tax-exempt purpose. The organization must retain discretion and control over the contributions, and the arrangement must be terminable by either party. The bill requires tax-exempt charitable organizations to report information related to fiscal sponsorship arrangements, including the names of the parties (other than individuals) to such arrangement, aggregate amounts transferred or made available for a specific project, and principal officer within the organization managing the arrangement. The bill imposes excise taxes on the organization and certain organization managers for amounts transferred under a similar arrangement if the organization fails to exercise discretion and control over the use of such funds. The bill defines this as an improper conduit arrangement. Finally, the bill disallows a tax deduction for contributions or gifts made under an improper conduit arrangement.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Fiscal Sponsorship Transparency Act of 2026

Source: Congressional Research Service summary (Introduced in House)

AI explanation – may be wrong, check the official text

No AI explanation yet. It takes up to a minute to write and is then saved for everyone.

Limited to a few requests an hour per person.

The strongest published arguments

Arguments for (supporters)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Arguments against (opponents)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Alternatives

Needs sources: no published alternatives yet (for example a different bill, a law instead of an amendment, or keeping current law). We only show items backed by a published source. Suggest one.

Officials and money

Sponsor: Rep. Smucker, Lloyd [R-PA-11] · 0 cosponsors

Money: CBO cost estimate: H.R. 9721, Fiscal Sponsorship Transparency Act of 2026 (2026-10-05) No linked contracts or vendors yet.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr9721 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills