BillTrack50 logo
Free Signup Login
Bill

Bill > HR162

US HR162

US HR162
Presidential Tax Transparency Act

summary

Introduced
01/03/2019
In Committee
01/03/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to require public disclosure of individual tax returns of candidates for President and Vice President of the United States. This bill requires the Internal Revenue Service to disclose and make publicly available tax returns and return information for certain candidates for President and Vice President of the United States. The requirement applies to tax returns and return information for the 10-year period before the individual becomes a candidate. The disclosure may not include the Social Security number of any individual, any financial account number, the name of any individual under age 18, or the home address of any individual (other than the city and state in which the address is located).

AI Summary

This bill, the Presidential Tax Transparency Act, would require the Internal Revenue Service (IRS) to publicly disclose the tax returns and return information of candidates for President and Vice President of the United States. The disclosure would cover the 10-year period before the individual becomes a candidate. However, the disclosure would not include sensitive information such as Social Security numbers, financial account numbers, names of individuals under 18, or home addresses (other than the city and state). The bill would apply to individuals who become candidates after the date of enactment.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Referred to the House Committee on Ways and Means. (on 01/03/2019)

bill text

bill summary

Loading...

bill summary

Loading...
Loading...