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Bill

S 389

Setting Consumer Standards for Lithium-Ion Batteries Act

119th Congress Introduced by Marsha Blackburn and 5 co-sponsors

Bill S 389 exempts not-for-profit organizations from real estate transfer tax when conveying property for free food distribution, boosting support for those facing food insecurity.

Committee on Commerce, Science, and Transportation. Reported by Senator Cruz with an amendment. With written report No. 119-50.
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Bill Summary · S 389

Summary of Bill S 389

Bill Overview

  • Bill Number: S 389
  • Title: Exempts certain not-for-profit corporations from the real estate transfer tax if such conveyance is for the purpose of providing food for free to persons experiencing food insecurity
  • Status: Referred to Investigations and Government Operations
  • Introduced: January 08, 2025
  • Classification: Bill

Purpose and Intent

The primary purpose of Bill S 389 is to alleviate financial burdens on not-for-profit organizations that are engaged in efforts to combat food insecurity. By exempting these organizations from the real estate transfer tax when they convey property for the purpose of providing free food, the bill aims to enhance their ability to serve vulnerable populations.

Key Provisions

  • Tax Exemption: The bill specifically exempts certain not-for-profit corporations from the real estate transfer tax during property conveyances that are intended for the distribution of free food to individuals facing food insecurity.
  • Eligibility Criteria: While the bill does not detail specific eligibility criteria within the provided information, it implies that the exemption would apply to not-for-profit organizations whose primary mission aligns with food assistance.

Impact

  • Beneficiaries: The bill is expected to benefit not-for-profit organizations focused on food distribution, as well as the individuals they serve—namely, those experiencing food insecurity. By reducing the costs associated with property transactions, these organizations may have more resources available to expand their services.
  • Community Support: This legislative measure could lead to increased support for food assistance programs, potentially improving access to nutritious food for underserved communities.

Procedural Aspects

  • Legislative Action: As of January 08, 2025, the bill has been referred to the Investigations and Government Operations committee for further consideration. The timeline for subsequent actions or votes has not been specified.

Related Legislation

  • S 4802: A related bill from a prior session that may address similar issues.
  • A 5778: A companion bill that likely mirrors the provisions of S 389 in the Assembly.
  • S 7076: Another related bill from a prior session that may provide additional context or support for the current legislation.

This summary provides a clear understanding of Bill S 389, its objectives, and its potential implications for not-for-profit organizations and the communities they serve.

Compiled from official sources — confirm details with the bill’s official record.

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