summary
Introduced
01/30/2019
01/30/2019
In Committee
01/30/2019
01/30/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To repeal the restriction on the use of funds by the Internal Revenue Service to bring transparency to the political activity of certain nonprofit organizations. This bill repeals a restriction on the use of funds by the Internal Revenue Service during FY2019 for certain regulations, revenue rulings, or other guidance related to the standard used to determine whether a tax-exempt organization is operated exclusively for the promotion of social welfare for the purposes of section 501(c)(4) of the Internal Revenue Code.
AI Summary
This bill, known as the End Dark Money Act, seeks to repeal a restriction on the use of funds by the Internal Revenue Service (IRS) during fiscal year 2019 for regulations, revenue rulings, or other guidance related to the standard used to determine whether a tax-exempt organization, such as a 501(c)(4) social welfare organization, is operated exclusively for the promotion of social welfare. This would allow the IRS to bring more transparency to the political activity of certain nonprofit organizations, which are often referred to as "dark money" groups due to their ability to engage in political campaigns without disclosing their donors.
Committee Categories
Budget and Finance
Sponsors (7)
Jason Crow (D)*,
Katie Hill (D),
Rick Larsen (D),
Ted Lieu (D),
Jim McGovern (D),
Ed Perlmutter (D),
John Sarbanes (D),
Last Action
Referred to the House Committee on Ways and Means. (on 01/30/2019)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/868/all-info |
BillText | https://www.congress.gov/116/bills/hr868/BILLS-116hr868ih.pdf |
Bill | https://www.congress.gov/116/bills/hr868/BILLS-116hr868ih.pdf.pdf |
Loading...