H.R. 6408 proposes to amend the Internal Revenue Code to revoke the tax-exempt status of organizations that support terrorism. This means that any organization designated by the Secretary as having materially supported terrorist groups within the past three years would lose...
Simple Explanation
H.R. 6408 is a new rule that says if a group in the U.S. helps bad guys called terrorists, the group will lose its special no-tax status. This means the group won't get to avoid paying taxes anymore if they are caught helping terrorists.