Nonprofit Governance Integrity Act
Nonprofit Governance Integrity Act
Plain Language Summary
# Nonprofit Governance Integrity Act Summary **What the bill would do:** The Nonprofit Governance Integrity Act (S 2849) would establish new rules and requirements for how nonprofit organizations are governed and operated. While specific details aren't fully outlined in the available information, bills with this title typically aim to increase accountability, transparency, and oversight of nonprofit boards and leadership. The legislation would likely require nonprofits to follow stricter governance standards, improve financial reporting, or implement stronger internal controls. **Who it affects:** This bill would primarily impact nonprofit organizations—including charities, educational institutions, foundations, and advocacy groups—and their board members and executives.
It could also affect donors who contribute to nonprofits and the general public who benefit from these organizations' services. **Current status:** S 2849 is currently in committee review, meaning it has not yet been debated or voted on by the full Senate. The bill was introduced by Senator Tom Cotton (R-AR) during the 119th Congress. Without additional legislative action, it remains in the early stages of the legislative process. *Note: More specific provisions cannot be detailed without access to the full bill text.*.
Latest Action
Read twice and referred to the Committee on Finance.