US SB3942

501(c)(3) organizations acting as fiscal sponsors would bear criminal liability and civil liability for "covered activities" arising from their sponsored projects

Covered activities include: aiding/abetting international terrorism by designated foreign terrorist organizations, using force or threats to interfere with constitutional rights, and using force to block interstate commerce

Fiscal sponsorship is defined as a 501(c)(3) receiving and administering funds on behalf of a non-tax-exempt project while retaining discretion and control over fund usage

Organizations are presumed responsible for ensuring sponsored funds comply with all applicable laws, regulations, and tax obligations

Due diligence and reasonable oversight may be raised as defenses against liability