Free Speech Fairness Act

This bill allows 501(c)(3) nonprofit organizations (like charities, educational groups, and religious institutions) to make statements supporting or opposing political candidates as part of their regular activities, without risking their tax-exempt status. It creates a new rule clarifying that such statements won't disqualify an organization from being tax-exempt or count as political campaign intervention, provided they result in only minimal additional costs. The change applies to statements made during the organization's ordinary operations, such as newsletters or public events, as long as the extra expenses are very small. The bill directly affects thousands of tax-exempt nonprofits that previously faced strict limits on political speech. It takes effect for tax years after the bill's enactment.