§2349.1. Limitation on political and lobbying activities
A special charitable trust shall comply with the provisions of Section 501(c) of the
Internal Revenue Code of 1986, as amended, including but not limited to restrictions on
influencing legislation and participating in political campaign activity, and limitations of
substantial activities promoting propaganda. A special charitable trust shall not publish or
distribute statements or provide funding, directly or indirectly, relating to, supporting, or
opposing a political campaign regarding any candidate for public office or any campaign
regarding a political issue.
Acts 2024, No. 274, §1, eff. May 23, 2024.