Sen. Cruz Introduces SPONSOR Act
Bill Intros-Senate
Copyright © Targeted News Service, 2026
Copyright © Targeted News Service, 2026
2026-03-17
Bailey Malota
WASHINGTON, March 17 -- Sen. Ted Cruz, R-TX, has introduced the SPONSOR Act, a legislative measure aimed at holding 501(c)(3) organizations accountable for the funds they manage as fiscal sponsors. This bill seeks to amend the Internal Revenue Code to establish clear liability for nonprofit organizations that provide fiscal sponsorship for various projects and initiatives.
The SPONSOR Act arises from growing concerns about the potential misuse of funds by tax-exempt organizations, p . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, March 17 -- Sen. Ted Cruz, R-TX, has introduced the SPONSOR Act, a legislative measure aimed at holding 501(c)(3) organizations accountable for the funds they manage as fiscal sponsors. This bill seeks to amend the Internal Revenue Code to establish clear liability for nonprofit organizations that provide fiscal sponsorship for various projects and initiatives.
The SPONSOR Act arises from growing concerns about the potential misuse of funds by tax-exempt organizations, p . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com