The Fiscal Sponsorship Transparency Act would shine a light on these agreements by requiring public disclosure of fiscal sponsorship arrangements, preventing abusive conduit arrangements, and establishing penalties for organizations that improperly funnel charitable donations to non-exempt entities.
Smucker will advance the Fiscal Sponsorship Transparency Act to require public disclosure of fiscal sponsorship arrangements, prevent abusive conduit arrangements, and establish penalties for organizations that improperly funnel charitable donations to non-exempt entities.
Occurrences
Evidence
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Mr. Smucker introduced H.R. 9721 on July 16, 2026; the bill would require reporting for each fiscal sponsorship arrangement, deny charitable deductions for improper conduit arrangements, impose taxes on improper conduit arrangements, and direct Treasury regulations.
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During markup consideration of H.R. 9721 on July 22, 2026, the Ways and Means Committee ordered the bill favorably reported to the House as amended by a roll call vote of 23 yeas to 15 nays; Rep. Smucker is listed voting yea.
Assessments
The promise was to advance the Fiscal Sponsorship Transparency Act, not necessarily to secure enactment. Rep. Lloyd Smucker introduced H.R. 9721 on July 16, 2026, and the bill contained the promised disclosure, anti-conduit, penalty, and Treasury rulemaking provisions. It then advanced through House Ways and Means Committee markup on July 22, 2026, where it was ordered favorably reported and Smucker voted yea. That is sufficient same-term advancement for the stated promise, even though the evidence does not show final enactment.