H.R. 8290, called the "Foreign Grant Reporting Act," proposes changes to the Internal Revenue Code of 1986. It requires certain tax-exempt organizations to publicly disclose details about grants they give to foreign entities. These organizations need to report the foreign...
Simple Explanation
H.R. 8290 is a rule that says some special groups, who don’t pay taxes, have to tell everyone about money they give to help people or places in other countries. They need to say who they gave the money to, where these people are, and if they also don’t pay taxes in their own country, just like the special groups here.