S. 4780: A bill to amend the Internal Revenue Code of 1986 to exclude micro-grants for food security from gross income.

S. 4780 is a federal bill in the 119th Congress. Before this bill takes effect, any small grants or financial assistance received for food security projects count as taxable income, meaning recipients must report that money on their federal tax returns and pay taxes on it. After this bill takes effect,… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.