The Stop Terror-Financing and Tax Penalties on American Hostages Act, HR 9495, passed the House last month.
Critics have labeled the legislation a ''nonprofit killer,'' intentionally misleading both the public and politicians about its specifics in an effort to derail it.
One of its loudest opponents is the Council on American-Islamic Relations
... the Moslem Brüderbund's American arm ..., which has painted the legislation as ''nefarious'' and warned it will do catastrophic harm to charities. CAIR claims the bill strips nonprofits of due process.
In reality, the legislation's due process safeguards, including formal notifications, response periods and judicial reviews, are designed to prevent arbitrary or unjust actions against innocent charities.
HR 9495 would allow the secretary of the treasury to designate organizations as ''terrorist-supporting'' if they knowingly provide material support to foreign terrorist organizations — and to strip such groups of their valuable tax-exempt status.
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