Section 1 Short title
This Act may be cited as the “No Granting Riches Intended for Taxpayers Act of 2026” or the “No GRIFT Act of 2026”.
No Granting Riches Intended for Taxpayers Act of 2026
A BILL
To provide that a nonprofit organization that receives more than 50 percent of its revenue from grants awarded by the Department of Justice, and compensated an officer or employee in an amount that exceeds the annual salary authorized to be paid to the Attorney General, is ineligible to receive a Department of Justice grant, and for other purposes.
Sec. 2 Compensation limitation for certain Department of Justice grant recipients
In general— For a fiscal year, any covered nonprofit is ineligible to receive a grant awarded by the Department of Justice for that fiscal year.
Certification— A nonprofit seeking a grant awarded by the Department of Justice shall submit to the Attorney General, along with the application for such grant, a certification that the nonprofit is not ineligible to receive a grant under subsection (a).
Definitions— In this section:
The term covered nonprofit means, for a fiscal year, a nonprofit—
for which more than 50 percent of its revenue was comprised of one or more grants awarded by the Department of Justice for taxable year that most recently concluded prior to the first day of that fiscal year; and
that, for the taxable year described in subparagraph (A), compensated an officer or employee in an amount that exceeded the annual salary authorized to be paid to the Attorney General.
The term nonprofit means an organization that is exempt from taxation under section 501(c)(3) of the Internal Revenue Code of 1986.