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Bill > HR868


US HR868

US HR868
End Dark Money Act


summary

Introduced
01/30/2019
In Committee
01/30/2019
Crossed Over
Passed
Dead
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)

Last Action

Referred to the House Committee on Ways and Means. (on 01/30/2019)

bill text


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