WASHINGTON (AP) — Churches would gain the right to endorse political candidates and still retain their tax-free status under a provision in House Republicans’ tax overhaul plan.
The bill would repeal a 63-year-old law credited to former President Lyndon Johnson back when he served in the Senate.
Critics warn it could open a loophole that could funnel tax-free money into campaigns. The provision would cost $2 billion over the coming decade, according to congressional scorekeepers.
The Johnson amendment law prohibits tax-exempt charitable organizations such as churches from