H.R. 7244, titled the "End Tax Breaks for Dark Money Act," seeks to modify the Internal Revenue Code of 1986. The bill proposes that transfers of appreciated property to certain tax-exempt organizations be treated the same as transfers to political organizations....
Simple Explanation
The bill wants to make sure that giving gifts to some charities is treated the same as giving gifts to political groups when it comes to taxes. This change would mean less special tax breaks for these donations.